04.08.2016 23:05:42

Air Lease corp. Earnings Climb 17% In Q2

(RTTNews) - Air Lease corp. (AL) revealed a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line came in at $152.16 million, or $1.39 per share. This was higher than $130.42 million, or $1.19 per share, in last year's second quarter.

The company said revenue for the quarter rose 14.9% to $350.14 million. This was up from $304.70 million last year.

Air Lease corp. earnings at a glance:

-Earnings (Q2): $152.16 Mln. vs. $130.42 Mln. last year. -Earnings Growth (Y-o-Y): 16.7% -EPS (Q2): $1.39 vs. $1.19 last year. -EPS Growth (Y-o-Y): 16.8% -Revenue (Q2): $350.14 Mln vs. $304.70 Mln last year. -Revenue Change (Y-o-Y): 14.9%

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