Air Lease Q2 Profit Tops View - Quick Facts

(RTTNews) - Air Lease Corp. (AL) Thursday said second-quarter net income was $43.0 million or $0.41 per share from $28.2 million or $0.28 per share in the comparable quarter last year.

On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $207.87 million, up 31.4 percent from $158.17 million last year, while 15 analysts expected revenues of $206.51 million.

On August 8, 2013, the company said its board of directors approved a quarterly cash dividend of $0.025 per share on our outstanding common stock. The dividend will be paid on October 7, 2013 to holders of record of our common stock as of September 17, 2013.