A Peek at Air Lease's Future Earnings

Air Lease AL is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Air Lease will report an earnings per share (EPS) of $0.79.

The announcement from Air Lease is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

During the last quarter, the company reported an EPS beat by $0.30, leading to a 13.83% drop in the share price on the subsequent day.

Here's a look at Air Lease's past performance and the resulting price change:

Stock Performance

Shares of Air Lease were trading at $45.1 as of November 05. Over the last 52-week period, shares are up 28.77%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Air Lease visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.