Fiscal Year Earnings Estimate on Air Lease Corporation(AL)

Air Lease Corporation(AL): For the most recent quarter end, Air Lease Corporation reported Annual Earnings of $0.86. Based on the filings, last years Annual Earnings was, $4.49. For the most recent quarter end, AL reported a surprise Earnings per Share of 6.17% . The consensus estimate for current quarter is $0.83 and for the current fiscal year, the estimate is $3.38. For the Next fiscal year, the estimate is $3.61 based on the consensus.

Air Lease Corporation has received $0.83 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.72 while the top line estimate is $0.9 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -29.18%. Air Lease Corporation reported better than expected with a surprise EPS of 6.17% or $0.05 during its most recent quarterly earnings. The Actual EPS was $0.86 compared to the Estimated EPS of $0.81.

Air Lease Corporation has a Price to Earnings ratio of 9.4 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.25. For the Most Recent Fiscal Year, Air Lease Corporation has a price to cash ratio of 4.43. For the Trailing twelve month period, company showed a Net Profit Margin of 26.09% and Return on Equity of the stock is 14.83%.

Air Lease Corporation last declared its Dividend on Dec 08, 2016.

Air Lease Corp Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.81. The company had revenue of $355.10 million for the quarter, compared to analysts expectations of $354.99 million. The companys revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.

Company has reported several Insider transactions to the SEC, on Dec 19, 2016, Alex A Khatibi (EVP) sold 10,871 shares at 35.09 per share price.On Dec 13, 2016, Grant A Levy (EVP) sold 9,000 shares at 36.06 per share price.On Dec 6, 2016, Ian M Saines (director) sold 6,630 shares at 36.00 per share price.

Air Lease Corporation (NYSE:AL) witnessed a decline in the market cap on Wednesday as its shares dropped 0.35% or 0.14 points. After the session commenced at $40, the stock reached the higher end at $40.24 while it hit a low of $39.58. With the volume soaring to 1,061,254 shares, the last trade was called at $39.98. The company has a 52-week high of $40.24. The company has a market cap of $4,112 million and there are 102,843,309 shares in outstanding. The 52-week low of the share price is $24.49.

Air Lease Corporation is an aircraft leasing company principally engaged in purchasing commercial aircraft and leasing to airlines around the world. The Company provides leasing services in Asia, the Pacific Rim, Latin America, the Middle East and Eastern Europe. Air Lease Corporation is based in Los Angeles, California.


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