AerCap Holdings (AER) Tops Q2 EPS by 55c

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Go back to AerCap Holdings (AER) Tops Q2 EPS by 55c

AerCap Holdings N.V. Reports Financial Results for the Second Quarter 2020

July 29, 2020 7:00 AM EDT

DUBLIN, July 29, 2020 /PRNewswire/ --

Net income of $246 million for the second quarter of 2020 and $523 million for the first half of 2020 Diluted earnings per share of $1.92 for the second quarter of 2020 and $4.06 for the first half of 2020

Highlights

Approximately $12 billion sources of liquidity. 2.2x next 12 months' sources-to-uses coverage ratio, representing $6.4 billion of excess coverage. $3 billion of new financing raised in the second quarter of 2020. Approximately $27 billion of unencumbered assets. Adjusted debt/equity ratio of 2.5 to 1. Secured... More