Air Lease Corp (AL) CEO John Plueger on Q3 2020 Results - Earnings Call Transcript

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Q3: 2020-11-09 Earnings Summary

EPS of $1.02 misses by $0.03
 | Revenue of $493.60M (-7.03% Y/Y) misses by $9.93M

Air Lease Corp (NYSE:AL) Q3 2020 Earnings Conference Call November 9, 2020 4:30 PM ET

Company Participants

Mary DePalma - VP, IR
John Plueger - CEO, President & Director
Steven Udvar-Házy - Executive Chairman
Gregory Willis - EVP & CFO

Conference Call Participants

Moshe Orenbuch - Crédit Suisse
Vincent Caintic - Stephens Inc.
Helane Becker - Cowen and Company
Ronald Epstein - Bank of America Merrill Lynch
Catherine O'Brien - Goldman Sachs Group
Jamie Baker - JPMorgan Chase & Co.
Koosh Patel - Deutsche Bank
Ross Harvey - Davy

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Air Lease Corporation Third Quarter of 2020 Earnings Conference Call. [Operator Instructions].

Thank you, without further ado, I would like to hand the conference over to Ms. Mary DePalma, Head of Investor Relations. Madam, you may begin.

Mary DePalma

Thank you. Hello, everyone, and welcome to Air Lease Corporation's earnings call for the third quarter of 2020. This is Mary DePalma, and I am joined this afternoon by Steve Házy, our Executive Chairman; John Plueger, our Chief Executive Officer and President; and Greg Willis, our Executive Vice President and Chief Financial Officer.

Earlier today, we published our results for the third quarter of 2020. A copy of our earnings release is available on the Investors section of our website at www.airleasecorp.com. This conference call is being webcast and recorded today, Monday, November 9, 2020, and the webcast will be available for replay on our website. (Operator Instructions) please note that each member of the Air Lease team speaking today is in a separate location in their respective homes. However, we expect the format of the call to remain the same, including the Q&A session, for which instructions will be given at the conclusion of the call.

Before we

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