Air Lease Q4 revenue rises

Overview

• Aircraft leasing firm's Q4 revenue rose 15.1% yr/yr to $820.4 mln

• Adjusted EPS for Q4 beat analyst expectations

Outlook

• Air Lease anticipates merger completion in first half of 2026

• Company has $1.2 bln in aircraft sales pipeline

• Air Lease placed 99% of orderbook on leases through 2027

Result Drivers

• FLEET GROWTH - Revenue increase attributed to fleet expansion and higher lease yields

• AIRCRAFT SALES - Gains from aircraft sales surged due to increased sales activity

• INSURANCE SETTLEMENT - Net income boosted by settlement of claims related to Russian fleet

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the corporate financial services peer group is "buy."

• Wall Street's median 12-month price target for Air Lease Corp is $65.00, about 0.5% above its February 11 closing price of $64.70

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw60bsJya

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