Air Lease corp. Q4 Profit Rises 22%

(RTTNews) - Air Lease corp. (AL) released earnings for its fourth quarter that climbed from last year.

The company said its bottom line advanced to $162.31 million, or $1.48 per share. This was higher than $132.58 million, or $1.21 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 13.4% to $370.49 million. This was up from $326.70 million last year.

Air Lease corp. earnings at a glance:

-Earnings (Q4): $162.31 Mln. vs. $132.58 Mln. last year. -Earnings Growth (Y-o-Y): 22.4% -EPS (Q4): $1.48 vs. $1.21 last year. -EPS Growth (Y-o-Y): 22.3% -Revenue (Q4): $370.49 Mln vs. $326.70 Mln last year. -Revenue Change (Y-o-Y): 13.4%