AerCap Holdings (NYSE: AER) reported Q3 EPS of $1.62, $0.16 better than the analyst estimate of $1.46. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.22 billion.

• 89 aircraft transactions executed in the third quarter of 2017, including 36 widebody transactions.
• 99.3% fleet utilization rate for the third quarter of 2017.
• 7.1 years average age of owned fleet and 6.6 years average remaining lease term.
• 100% of new aircraft deliveries through 2018 and 91% through 2019 leased.
• $8.9 billion of available liquidity.
• Adjusted debt/equity ratio of 2.7 to 1.
• $55.06 book value per share, an increase of 17% since September 30, 2016.
• Repurchased 5.4 million shares in the third quarter of 2017 for $266 million and 19.2 million shares year to date through October 27, 2017 for $888 million.
• New $200 million share repurchase program authorized, which will run through March 31, 2018.

Aengus Kelly, CEO of AerCap, commented: “We are very pleased to report another quarter of consistent earnings. During the third quarter of 2017 we generated $1.62 earnings per share and net income of $265.8 million. The scale of the AerCap platform is evidenced by the 89 aircraft transactions executed this quarter. Our continued focus and disciplined approach to portfolio management was evidenced by the sale of 27 owned aircraft. AerCap’s success is underpinned by our highly consistent and disciplined approach to portfolio and liquidity management.”

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