Air Lease (AL) Tops Q3 EPS by 49c

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Air Lease Corporation Announces Third Quarter 2015 Results

November 5, 2015 4:01 PM EST

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

Diluted EPS increased 22% to $0.71 for the three months ended September 30, 2015 as compared to $0.58 for the three months ended September 30, 2014. Adjusted diluted EPS increased 21% to $1.20 for the three months ended September 30, 2015 as compared to $0.99 for the three months ended September 30, 2014. Revenues increased 20% to $313 million for the three months ended September 30, 2015 as compared to $262 million for the three months ended... More