AL - Air Lease Non-GAAP EPS of $1.76 beats by $0.37 revenue of $596.7M beats by $37.87M
Air Lease press release (NYSE:AL): Q1 Non-GAAP EPS of $1.76 beats by $0.37. Revenue of $596.7M (+25.7% Y/Y) beats by $37.87M. Placed 97% of company's contracted orderbook positions on long-term leases for aircraft delivering through the end of 2023 and have placed 52% of its entire orderbook. Ended the quarter with $29.5B in committed minimum future rental payments consisting of $14.1B in contracted minimum rental payments on the aircraft in its existing fleet and $15.4B in minimum future rental payments related to aircraft on order.
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Air Lease Non-GAAP EPS of $1.76 beats by $0.37, revenue of $596.7M beats by $37.87M