Air Lease (AL) Tops Q3 EPS by 61c

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Go back to Air Lease (AL) Tops Q3 EPS by 61c

Air Lease Corporation Announces Third Quarter 2016 Results

November 3, 2016 4:02 PM EDT

LOS ANGELES, Nov. 03, 2016 (GLOBE NEWSWIRE) -- Air Lease Corporation (ALC) (NYSE: AL) announced quarterly financial results for the three and nine months ended September 30, 2016. Items of note include:

Generated quarterly diluted EPS of $0.86 for the three months ended September 30, 2016, an increase of 21.1% compared to the three months ended September 30, 2015 resulting in a pre-tax return on equity of 17.8% for the trailing twelve months ended September 30, 2016.  Generated quarterly adjusted diluted EPS before income taxes of $1.43 for the three months ended September 30, 2016, an increase of 19.2% compared to the three months ended... More