Air Lease reports Q2 EPS $1.58, consensus $1.07

Reports Q2 revenue $672.3M, consensus $660.3M. “Our second quarter results benefited from new aircraft deliveries exceeding our expectations, coupled with gains from higher volumes of aircraft sales. Lease rates continue to strengthen and demand for both aircraft leasing and sales remain robust, which we see continuing for the foreseeable future,” said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Hazy, Executive Chairman of the Board.