Benzinga | May 6, 2021 05:04PM EDT

Air Lease Q1 EPS $1.03 Beats $0.94 Estimate, Sales $474.83M Miss $503.75M Estimate

Air Lease (NYSE:AL) reported quarterly earnings of $1.03 per share which beat the analyst consensus estimate of $0.94 by 9.57 percent. This is a 36.02 percent decrease over earnings of $1.61 per share from the same period last year. The company reported quarterly sales of $474.83 million which missed the analyst consensus estimate of $503.75 million by 5.74 percent. This is a 7.15 percent decrease over sales of $511.39 million the same period last year.