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AL - Air Lease EPS beats by $0.23 misses on revenue
Air Lease Corporation Class A
Air Lease (NYSE:AL): Q2 Non-GAAP EPS of $1.10 beats by $0.23; GAAP EPS of $0.75 misses by $0.05. Revenue of $491.9M (-5.6% Y/Y) misses by $6.8M. Adj. pre-tax profit margin of 25.6% compared to 37.3% a year ago. Company ended the quarter with total debt financing, net of discounts and issuance costs, of $16.5B, with a debt to equity ratio of 2.54:1 and available liquidity of $7.6B. Press Release