AerCap Holdings (AER) Tops Q4 EPS by 38c

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AerCap Holdings N.V. Reports Record EPS for Full Year 2019 and Announces New Share Repurchase Program

February 13, 2020 7:00 AM EST

DUBLIN, Feb. 13, 2020 /PRNewswire/ --

Net income of $309.8 million for the fourth quarter of 2019 and $1,145.7 million for the full year 2019 Diluted earnings per share of $2.34 for the fourth quarter of 2019 and $8.43 for the full year 2019

Highlights

44% increase in diluted EPS for the fourth quarter of 2019 year over year. New technology aircraft now comprise 58% of our owned fleet. Approximately $40 billion of contracted future lease rents. Approximately 97% of lease rents through 2022 already contracted. Average current lease expires in the third... More