Skip to main content

Market Overview

UPDATE: Morgan Stanley Reiterates On Air Lease Following 1Q14 EPS Beat


In a report published Friday, Morgan Stanley analyst John D. Godyn reiterated an Overweight rating on Air Lease Corp. (NYSE: AL), but removed the $38.00 price target.

In the report, Morgan Stanley noted, “AL reported 1Q14 EPS of $0.57, a beat vs. our estimate of $0.52 and consensus of $0.50. Though the beat was largely due to AC sales, mgmt commentary regarding demand for leased aircraft was notably bullish, best illustrated by the disclosure that AL is receiving indications of interest for forward lease arrangements in the 2017-2019 time period – further out than normal. Most importantly, 1Q14 EPS showcased 3 sources of material future EPS upside not in consensus.”

Air Lease closed on Thursday at $37.22.

Latest Ratings for AL

Jan 2021Deutsche BankMaintainsBuy
Nov 2020Credit SuisseMaintainsOutperform
May 2020Deutsche BankMaintainsBuy

View More Analyst Ratings for AL
View the Latest Analyst Ratings


Related Articles (AL)

View Comments and Join the Discussion!

Posted-In: John D. Godyn Morgan StanleyAnalyst Color Price Target Analyst Ratings

Latest Ratings

ATUSB of A SecuritiesDowngrades38.0
CNIVertical ResearchUpgrades
LINVertical ResearchUpgrades330.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at