Air Lease (AL) Tops Q2 EPS by 2c

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Air Lease Corporation Announces Second Quarter 2015 Results

August 6, 2015 4:02 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (ALC) (NYSE: AL) announced today financial results for the three and six months ended June 30, 2015. Items of note included:

Diluted EPS increased 21% to $0.70 for the three months ended June 30, 2015 as compared to $0.58 for the three months ended June 30, 2014. Revenues increased 19% to $305 million for the three months ended June 30, 2015 as compared to $256 million for the three months ended June 30, 2014. Income before taxes increased 23% to $118 million for the three months ended June 30, 2015 as compared to $96 million for the three months... More