Air Lease corp. Bottom Line Advances 34% In Q1

(RTTNews) - Air Lease corp. (AL) revealed earnings for its first quarter that increased from last year.

The company said its bottom line rose to $151.14 million, or $1.38 per share. This was up from $112.80 million, or $1.03 per share, in last year's first quarter.

The company said revenue for the quarter rose 23.4% to $343.33 million. This was up from $278.32 million last year.

Air Lease corp. earnings at a glance:

-Earnings (Q1): $151.14 Mln. vs. $112.80 Mln. last year. -Earnings Growth (Y-o-Y): 34.0% -EPS (Q1): $1.38 vs. $1.03 last year. -EPS Growth (Y-o-Y): 34.0% -Revenue (Q1): $343.33 Mln vs. $278.32 Mln last year. -Revenue Change (Y-o-Y): 23.4%