Air Lease Corporation Announces Third Quarter 2020 Results
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Air Lease (AL) Tops Q3 EPS by 41c, Revenues Miss
November 9, 2020 4:10 PM ESTAir Lease (NYSE: AL) reported Q3 EPS of $1.47, $0.41 better than the analyst estimate of $1.06. Revenue for the quarter came in at $494 million versus the consensus estimate of $506.28 million.
Third Quarter 2020 Results
Revenues:$494 million for the three months ended September 30, 2020, a decrease of 7.0%$1.5 billion for the nine months ended September 30, 2020, an increase of 3.9%Diluted earnings per share:$1.02 for the three months ended September 30, 2020, a decrease of 23.9%$3.46 for the nine months ended September 30, 2020, a decrease of 5.7%Adjusted diluted... More