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Air Lease Corporation: Aircraft Values Are Firmly Supported And So Is Upside For The Stock
Seeking Alpha· 2024-11-28 11:34
Group 1 - The article discusses the investment potential of Air Lease Corporation, highlighting a possible upside of 25% to 29% based on book value and enterprise-to-EBITDA valuation [1] - The Aerospace Forum aims to identify investment opportunities within the aerospace, defense, and airline sectors, leveraging data analytics for informed decision-making [1] - The author, with a background in aerospace engineering, provides context to industry developments and their implications for investment strategies [1] Group 2 - The article emphasizes the importance of data-informed analysis in driving investment ideas within the aerospace and defense industries [1] - The investing group offers direct access to data analytics monitors, enhancing the research capabilities for investors [1]
Air Lease Gains 16% in a Month: What Should Investors Do Now?
ZACKS· 2024-11-26 17:00
Shares of Air Lease Corporation (AL) have had a good time on the bourses of late, improving in double-digits over the past 30 days. The encouraging price performance resulted in AL outperforming its industryin the said time frame. Moreover, AL’s price performance compares favorably with other industry players like Wabtec Corporation (WAB) and The Greenbrier Companies, Inc. (GBX) in the same time frame.One-Month Price Comparison Image Source: Zacks Investment ResearchGiven the recent rally, the question that ...
Air Lease Q3 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2024-11-08 20:16
Air Lease Corporation’s (AL) reported solid third-quarter 2024 results wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of $1.25 beat the Zacks Consensus Estimate of $1.22.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Total revenues of $690.2 million lagged the Zacks Consensus Estimate of $681.7 million and grew 4.7% year over year.Other StatisticsRevenues from the rental of flight equipment grew 3.5% year over year to $62 ...
Air Lease (AL) - 2024 Q3 - Earnings Call Transcript
2024-11-08 02:15
Air Lease Corporation (NYSE:AL) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Jason Arnold - Head of IR Steven Hazy - Executive Chairman John Plueger - CEO and President Gregory Willis - EVP and CFO Conference Call Participants Jamie Baker - JPMorgan Terry Market - Barclays Hillary Cacanando - Deutsche Bank Moshe Orenbuch - TD Cowen Stephen Trent - Citigroup Ronald Epstein - Bank of America Operator Good afternoon, my name is Audra and I will be your conference operator t ...
Air Lease (AL) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-08 01:01
Air Lease (AL) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.46%. A quarter ago, it was expected that this company that leases planes to airlines would post earnings of $1.56 per share when it actually produced earnings of $1.23, delivering a surprise of -21.15%.Over the last four ...
Air Lease (AL) - 2024 Q3 - Quarterly Report
2024-11-07 21:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |-----------------------------------------------------------------------------------------------------|--------------------------- ...
Air Lease (AL) - 2024 Q3 - Quarterly Results
2024-11-07 21:01
Exhibit 99.1 Air Lease Corporation Announces Third Quarter 2024 Results Los Angeles, California, November 7, 2024 — Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and nine months ended September 30, 2024. "Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising lease rates, while also harvesting solid gains on sales from our existing fleet – underscoring the deep value embedded in our young $28 billion fleet and $18 billion forward ord ...
Air Lease to Report Q3 Earnings: Here's What to Expect
ZACKS· 2024-11-06 16:00
Air Lease Corporation (AL) is scheduled to report third-quarter 2024 results on Nov. 7, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Air Lease has a mixed earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, delivering an average surprise of 10.11%.The Zacks Consensus Estimate for AL’s third-quarter 2024 earnings has been revised downward by 2.4% in the past 60 days.Given th ...
Air Lease (AL) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-31 15:07
Air Lease (AL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 7. ...
Here's Why Investors Should Retain Air Lease Stock for Now
ZACKS· 2024-10-07 16:15
Air Lease Corporation (AL) is bolstered by an upbeat air travel demand scenario. The company’s proactive efforts to expand its fleet are commendable. However, elevated operating expenses and supply-chain disruptions are adversely impacting AL’s bottom line.Factors Favoring ALThe uptick in air travel demand bodes well for Air Lease. In the second quarter of 2024, the airline’s traffic volumes remained robust globally, increasing 9% year over year. Total international traffic surged by a strong 12% year-over- ...