Air Lease Stock Crashes On Recession Fears, But Remains A Buy
Air Lease Corporation stock tumbled 14% due to negative market sentiment. Margins under pressure with decreased revenues and increased expenses. Despite recession fears, Air Lease Corporation remains a buy with double-digit upside based on book value and enterprise value.
Air Lease Corporation (AL) Q2 2024 Earnings Call Transcript
Air Lease Corporation (NYSE:AL ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Jason Arnold - Head of IR Steven Hazy - Executive Chairman John Plueger - CEO and President Gregory Willis - EVP and CFO Conference Call Participants Hillary Cacanando - Deutsche Bank Terry Market - Barclays Jamie Baker - JPMorgan Moshe Orenbuch - TD Cowen Stephen Trent - Citi Operator 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 Corporation Q2 Earnings Conference Call.
Air Lease (AL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Air Lease (AL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Air Lease (AL) Lags Q2 Earnings and Revenue Estimates
Air Lease (AL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.10 per share a year ago.
Air Lease (AL) Reports Next Week: Wall Street Expects Earnings Growth
Air Lease (AL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Air Lease (AL) Reports Rosy Second-Quarter Activity Update
Air Lease (AL) rides on its robust fleet size, contributing to an encouraging activity update for the second quarter of 2024.
Are Investors Undervaluing Air Lease (AL) Right Now?
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.
Best Momentum Stocks to Buy for July 9th
CVNA, AL and TRDA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 9, 2024.
New Strong Buy Stocks for July 9th
CVNA, TRDA, BMBL, APEI and AL have been added to the Zacks Rank #1 (Strong Buy) List on July 9, 2024.
Best Value Stocks to Buy for July 9th
AL, BMBL, and APEI made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 9, 2024.
Here's Why Investors Should Retain Air Lease (AL) Stock Now
Growth in the company's fleet and increase in sales activity is driving Air Lease's (AL) top line. Rising operating expenses and a debt-laden balance sheet weigh on the company's bottom line.
Why Air Lease (AL) is a Top Momentum Stock for the Long-Term
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