Air Lease (AL) Tops Q2 EPS by 2c

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Go back to Air Lease (AL) Tops Q2 EPS by 2c

Air Lease Corporation Announces Second Quarter 2016 Results

August 4, 2016 4:01 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (ALC) (NYSE: AL) announced quarterly financial results for the three and six months ended June 30, 2016. Items of note include:

Generated quarterly diluted EPS of $0.84 for the three months ended June 30, 2016, an increase of 20.0% compared to the three months ended June 30, 2015. Generated quarterly adjusted diluted EPS before income taxes of $1.39 for the three months ended June 30, 2016, an increase of 16.8% compared to the three months ended June 30, 2015. Generated record quarterly revenues of $350.1 million for the three months ended June 30, 2016, an increase of 14.9% as compared to... More