Air Lease corp. Q2 Profit Rises 10%

(RTTNews) - Air Lease corp. (AL) released earnings for its second quarter that rose compared to the same period last year.

The company said its bottom line came in at $166.66 million, or $1.51 per share. This was higher than $152.16 million, or $1.39 per share, in last year's second quarter.

The company said revenue for the quarter rose 8.8% to $380.96 million. This was up from $350.14 million last year.

Air Lease corp. earnings at a glance:

-Earnings (Q2): $166.66 Mln. vs. $152.16 Mln. last year. -Earnings Growth (Y-o-Y): 9.5% -EPS (Q2): $1.51 vs. $1.39 last year. -EPS Growth (Y-o-Y): 8.6% -Revenue (Q2): $380.96 Mln vs. $350.14 Mln last year. -Revenue Change (Y-o-Y): 8.8%