Benzinga | Nov 9, 2020 04:39PM EST

Air Lease Q3 Adj. EPS $1.47 Beats $1.06 Estimate, Sales $493.60M Miss $506.28M Estimate

Air Lease (NYSE:AL) reported quarterly earnings of $1.47 per share which beat the analyst consensus estimate of $1.06 by 38.68 percent. This is a 18.33 percent decrease over earnings of $1.80 per share from the same period last year. The company reported quarterly sales of $493.60 million which missed the analyst consensus estimate of $506.28 million by 2.50 percent. This is a 7.03 percent decrease over sales of $530.90 million the same period last year.