AerCap Holdings N.V. Reports Record Financial Results for the Second Quarter 2019

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AerCap Holdings (AER) PT Raised to $60 at Cowen

July 30, 2019 2:04 PM EDT

Cowen analyst Helane Becker raised the price target on AerCap Holdings (NYSE: AER) to $60.00 (from $56.00) while maintaining an Outperform rating.

Becker commented, "AerCap increased their core EPS (ex sales) and sale proceeds guidance due to strong demand for assets in a capacity... More

AerCap Holdings (AER) Tops Q2 EPS by 76c, Revenues Beat

July 30, 2019 7:14 AM EDT

AerCap Holdings (NYSE: AER) reported Q2 EPS of $2.42, $0.76 better than the analyst estimate of $1.66. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.21 billion.

Net income of $331.5 million for the second quarter of 2019 and $565.6 million for the first half of 2019Record earnings per share of $2.42 for the second quarter of 2019 and $4.09 for the first half of 2019

Highlights

New technology aircraft now comprise 53% of our owned fleet.Order book approximately 90% placed through 2021.Over $40 billion of contracted future lease... More