AerCap Holdings (AER) Tops Q2 EPS by 25c

AerCap Holdings (NYSE: AER) reported Q2 EPS of $1.67, $0.25 better than the analyst estimate of $1.42. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.21 billion.

Aengus Kelly, CEO of AerCap, commented: “AerCap completed the second quarter of 2017 with another strong set of results. During the first half of 2017 we generated $3.15 earnings per share and net income of $544.1 million. Our strong operational performance continued with the execution of 108 aircraft transactions during the second quarter. In addition, during the quarter we ordered a further 30 Boeing 787 aircraft, making AerCap the largest customer of the 787 Dreamliner. Most recently we successfully completed an offering of $1.0 billion of 10-year senior notes, further strengthening our financial position. The performance and activities illustrate the continued focus on execution by the AerCap team.”

For earnings history and earnings-related data on AerCap Holdings (AER) click here.

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