Air Lease corp. Profit Advances 12% In Q4

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

The company said its bottom line totaled $132.58 million, or $1.21 per share. This was higher than $118.81 million, or $1.09 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 14.3% to $326.70 million. This was up from $285.94 million last year.

Air Lease corp. earnings at a glance:

-Earnings (Q4): $132.58 Mln. vs. $118.81 Mln. last year. -Earnings Growth (Y-o-Y): 11.6% -EPS (Q4): $1.21 vs. $1.09 last year. -EPS Growth (Y-o-Y): 11.0% -Revenue (Q4): $326.70 Mln vs. $285.94 Mln last year. -Revenue Change (Y-o-Y): 14.3%