Air Lease corp. Earnings Advance 19% In Q3

(RTTNews) - Air Lease corp. (AL) revealed a profit for its third quarter that increased from last year.

The company said its bottom line advanced to $157.26 million, or $1.43 per share. This was higher than $131.65 million, or $1.20 per share, in last year's third quarter.

The company said revenue for the quarter rose 7.0% to $335.10 million. This was up from $313.13 million last year.

Air Lease corp. earnings at a glance:

-Earnings (Q3): $157.26 Mln. vs. $131.65 Mln. last year. -Earnings Growth (Y-o-Y): 19.5% -EPS (Q3): $1.43 vs. $1.20 last year. -EPS Growth (Y-o-Y): 19.2% -Revenue (Q3): $335.10 Mln vs. $313.13 Mln last year. -Revenue Change (Y-o-Y): 7.0%