AerCap Holdings (AER) Tops Q1 EPS by 62c

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AerCap Holdings N.V. Reports Financial Results for the First Quarter 2021

April 28, 2021 7:00 AM EDT

DUBLIN, April 28, 2021 /PRNewswire/ -- AerCap Holdings N.V. (NYSE: AER), the global leader in aircraft leasing, today reported financial results for the first quarter of 2021 ended March 31, 2021.

Net income for the first quarter of 2021 was $228 million, or $1.76 per share. This was primarily impacted by $100 million of cash accounting and $25 million of GECAS transaction-related expenses, pre-tax. This compares to net income of $277 million, or earnings per share of $2.14, for the same period in 2020. Excluding GECAS transaction-related expenses, net income for the first quarter of 2021... More