Air Lease AL announces its next round of earnings this Thursday, August 06. Here is Benzinga's look at Air Lease's Q2 earnings report.
Earnings and Revenue
Wall Street analysts see Air Lease reporting earnings of $1.06 per share on sales of $498.65 million. Air Lease reported a profit of $1.510 per share when it published results during the same quarter last year. Sales in that period totaled $471.39 million. If the company were to report in-line earnings when it publishes results Thursday, quarterly profit would be down 29.8%. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 1.23 | 1.38 | 1.32 | 1.24 |
| EPS Actual | 1.61 | 1.42 | 1.80 | 1.51 |
| Revenue Estimate | 524.28 M | 535.87 M | 520.51 M | 484.11 M |
| Revenue Actual | 511.39 M | 548.56 M | 530.90 M | 471.39 M |
Stock Performance
Over the last 52-week period, shares are down 31.04%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Air Lease is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/odx26zz2
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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