AerCap Holdings (AER) Tops Q2 EPS by 55c

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