Air Lease (NYSE:AL) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Air Lease beat estimated earnings by 77.78%, reporting an EPS of $1.76 versus an estimate of $0.99.
Revenue was up $121.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.91 which was followed by a 5.29% increase in the share price the next day.
Here's a look at Air Lease's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.84 | 0.72 | 0.89 | 0.94 |
| EPS Actual | 1.75 | 1.28 | 1.10 | 1.03 |
| Revenue Estimate | 532.91M | 491.27M | 507.67M | 503.75M |
| Revenue Actual | 597.18M | 524.51M | 491.88M | 474.83M |
To track all earnings releases for Air Lease visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
