Air Lease corp. Q4 adjusted earnings of $1.65 per share

(RTTNews) - Air Lease corp. (AL) reported a profit for fourth quarter that fell from last year.

The company's bottom line came in at $138.40 million, or $1.24 per share. This compares with $471.10 million, or $4.22 per share, in last year's fourth quarter.

Excluding items, Air Lease corp. reported adjusted earnings of $184.82 million or $1.65 per share for the period.

The company's revenue for the quarter rose 12.9% to $449.98 million from $398.47 million last year.

Air Lease corp. earnings at a glance:

-Earnings (Q4): $184.82 Mln. vs. $178.10 Mln. last year. -EPS (Q4): $1.65 vs. $1.60 last year. -Revenue (Q4): $449.98 Mln vs. $398.47 Mln last year.