Air Lease reports Q3 adjusted EPS $1.25, consensus 79c

Reportst Q3 revenue $690.2M, consensus $676.82M. “Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising lease rates, while also harvesting solid gains on sales from our existing fleet – underscoring the deep value embedded in our young $28 billion fleet and $18 billion forward orderbook,” said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Hazy, Executive Chairman of the Board.