Air Lease (AL) Misses Q1 EPS by 7c, Miss on Revenue
Air Lease (NYSE: AL) reported Q1 EPS of $0.78, $0.07 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $360.2 million versus the consensus estimate of $369.78 million.
Financial results for the three months ended March 31, 2017:
• Revenues:
- $360.2 million for the three months ended March 31, 2017
- • Diluted earnings per share:
- $0.78 for the three months ended March 31, 2017
• Adjusted diluted earnings per share before income taxes:
- $1.33 for the three months ended March 31, 2017
• Margin:
- Pre-tax margin of 37.2% for the three months ended March 31, 2017
- Adjusted pre-tax margin of 40.7% for the three months ended March 31, 2017
• Return on equity:
- Pre-tax return on equity of 17.4% for the trailing twelve months ended March 31, 2017
- Adjusted pre-tax return on equity of 18.8% for the trailing twelve months ended March 31, 2017
For earnings history and earnings-related data on Air Lease (AL) click here.
