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Air Lease Corporation (AL)
NYSE - NYSE Delayed price. Currency in USD
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At close: 04:00PM EDT
Pre-market:
| Previous close | 51.41 |
| Open | 51.80 |
| Bid | 0.00 x 800 |
| Ask | 50.00 x 1300 |
| Day's range | 51.34 - 51.99 |
| 52-week range | 33.33 - 52.31 |
| Volume | |
| Avg. volume | 1,574,424 |
| Market cap | 5.741B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 10.03 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.84 (1.63%) |
| Ex-dividend date | 14 Mar 2024 |
| 1y target est | N/A |
- GuruFocus.com
Air Lease Corp (AL) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth Amidst Market ...
Discover how Air Lease Corp navigated fleet expansions, sales achievements, and financial hurdles in the first quarter of 2024.
- GuruFocus.com
Air Lease Corp (AL) Q1 2024 Earnings: Misses Analyst EPS Projections Amid Rising Costs
Despite Increased Revenue, Higher Expenses Impact Profitability
- Reuters
Air Lease Q1 profit misses estimates on higher interest expenses
Air Lease shares were down about 6% at $48.61 in after hours trading. Aircraft lessors are benefitting from higher rental revenues as airlines hunt for aircraft amid a shortage of commercial jets due to supply problems, slumping production of Boeing's 737 MAX and Pratt & Whitney GTF engine snags. "These imbalances are very likely to stay with us for at least three to four years in the future," Steven Udvar-Hazy, executive chairman of Air Lease Corp., told analysts.
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