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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
AL's solid first-quarter 2025 results reflect fleet expansion, healthy sales gains and significant insurance settlements related to the company's aircraft in Russia.
Air Lease Corporation (NYSE:AL ) Q1 2025 Results Conference Call May 5, 2025 4:30 PM ET Company Participants Jason Arnold - Head, IR John Plueger - CEO and President Greg Willis - EVP and CFO Conference Call Participants Catherine O'Brien - Goldman Sachs Hillary Cacanando - Deutsche Bank Moshe Orenbuch - TD Cowen Stephen Trent - Citi Operator Good afternoon, my name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the Air Lease Q1 2025 Earnings Conference Call.
Air Lease (AL) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.31 per share a year ago.
AL's first-quarter 2025 revenues are expected to have benefited from continuous growth in its fleet, an increase in sales activity and higher end-of-lease revenues.
With the recent $329 million in insurance recoveries, Air Lease may have reached its targeted 2.5x debt-to-equity level, opening the door to potential repurchases. Air Lease trades at a substantial discount to an estimated $71-$72 in book value, making repurchases at this level enormously accretive. The weaker dollar could benefit Air Lease and lead to increased aircraft sales beyond the $2 billion guidance.
Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest U.S.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Air Lease (AL) have what it takes?
Air Lease (AL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
AL rides on its robust fleet size, contributing to an encouraging activity update for the first quarter of 2025.
Headwinds, including inflation, tariff-related tensions, and lingering supply-chain disruptions, hurt the Zacks Transportation - Equipment and Leasing industry. WAB, R and AL are likely to stand out.