EPS for Air Lease Corporation (AL) Expected At $0.88

January 21, 2018 - By Nellie Frank

 EPS for Air Lease Corporation (AL) Expected At $0.88
Investors sentiment increased to 1.16 in Q3 2017. Its up 0.01, from 1.15 in 2017Q2. It increased, as 21 investors sold Air Lease Corporation shares while 74 reduced holdings. 33 funds opened positions while 77 raised stakes. 90.80 million shares or 0.12% more from 90.69 million shares in 2017Q2 were reported.
Cantab Cap Prns Llp holds 26,153 shares or 0.16% of its portfolio. Williams Jones Associate Limited has invested 0.43% in Air Lease Corporation (NYSE:AL). Mogy Joel R Invest Counsel reported 7,100 shares. 1.12M are held by Northern Trust Corp. Bamco New York invested in 0.48% or 2.37 million shares. Wellington Grp Ltd Liability Partnership reported 0.04% in Air Lease Corporation (NYSE:AL). Zweig has 0.6% invested in Air Lease Corporation (NYSE:AL). Btr Capital Mgmt holds 248,381 shares or 2.16% of its portfolio. Greenleaf Trust reported 5,740 shares. Dimensional Fund Lp invested 0.08% of its portfolio in Air Lease Corporation (NYSE:AL). Jane Street Group Limited Co holds 0% or 32,626 shares. Calamos Advsr Lc holds 740,656 shares. Wells Fargo And Mn holds 0.01% or 739,603 shares. Alliancebernstein Limited Partnership has 0% invested in Air Lease Corporation (NYSE:AL) for 56,414 shares. Dorsey & Whitney Tru Commerce Limited Liability Corporation stated it has 0.04% in Air Lease Corporation (NYSE:AL).

Since August 8, 2017, it had 0 insider purchases, and 6 sales for $3.77 million activity. Chen Jie sold $172,000 worth of stock. Baer Marc H had sold 7,562 shares worth $300,346. Another trade for 2,000 shares valued at $89,980 was sold by Korde Kishore.

Analysts expect Air Lease Corporation (NYSE:AL) to report $0.88 EPS on February, 22.They anticipate $0.56 EPS change or 38.89 % from last quarter’s $1.44 EPS. AL’s profit would be $90.85 million giving it 13.84 P/E if the $0.88 EPS is correct. After having $0.90 EPS previously, Air Lease Corporation’s analysts see -2.22 % EPS growth. The stock increased 0.68% or $0.33 during the last trading session, reaching $48.71. About 538,393 shares traded. Air Lease Corporation (NYSE:AL) has risen 29.12% since January 21, 2017 and is uptrending. It has outperformed by 12.42% the S&P500.

Air Lease Corporation (NYSE:AL) Ratings Coverage

Among 13 analysts covering Air Lease (NYSE:AL), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Air Lease had 40 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, November 13 by Morgan Stanley. Deutsche Bank maintained Air Lease Corporation (NYSE:AL) rating on Friday, August 7. Deutsche Bank has “Buy” rating and $44 target. As per Monday, July 10, the company rating was maintained by Cowen & Co. UBS maintained the shares of AL in report on Friday, November 10 with “Sell” rating. RBC Capital Markets maintained it with “Buy” rating and $7700 target in Wednesday, July 5 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, May 26. RBC Capital Markets maintained the stock with “Top Pick” rating in Friday, November 6 report. The stock has “Outperform” rating by FBR Capital on Tuesday, November 22. The stock has “Outperform” rating by FBR Capital on Friday, November 4. FBR Capital maintained the stock with “Outperform” rating in Friday, February 24 report.

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines in Asia, the Pacific Rim, Latin America, the Middle East, Europe, Africa, and North America. The company has market cap of $5.03 billion. The firm also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. It has a 14 P/E ratio. In addition, it provides fleet management services to investors and owners of aircraft portfolios.

More important recent Air Lease Corporation (NYSE:AL) news were published by: Seekingalpha.com which released: “Air Lease: An Underappreciated Company In A Massive Industry” on January 03, 2018, also Zacks.com published article titled: “Is Air Lease Corporation (AL) a Great Stock for Value Investors?”, Globenewswire.com published: “Air Lease Corporation Announces Pricing of Public Offering of $550 Million of …” on January 09, 2018. More interesting news about Air Lease Corporation (NYSE:AL) was released by: Globenewswire.com and their article: “Air Lease Corporation to Present at Dublin Conferences” with publication date: January 18, 2018.

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