AerCap (AER) to Release Quarterly Earnings on Wednesday

AerCap (NYSE:AER) is scheduled to announce its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $2.38 per share for the quarter. AerCap has set its FY 2024 guidance at 7.500-8.500 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

AerCap (NYSE:AER) last issued its quarterly earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.44 by $0.67. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.94 billion. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.66 earnings per share. On average, analysts expect AerCap to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

AerCap Stock Performance

AerCap stock opened at $85.49 on Monday. The company has a market cap of $16.92 billion, a PE ratio of 6.05, a P/E/G ratio of 2.77 and a beta of 1.85. The company has a fifty day moving average price of $83.12 and a two-hundred day moving average price of $74.74. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.33 and a quick ratio of 0.33. AerCap has a 12 month low of $53.42 and a 12 month high of $88.44.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Barclays lifted their price objective on shares of AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. TD Cowen reissued a “buy” rating and set a $85.00 price target on shares of AerCap in a report on Tuesday, February 27th. BMO Capital Markets reduced their price target on shares of AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a report on Monday, February 26th. Finally, Susquehanna boosted their price target on shares of AerCap from $80.00 to $90.00 and gave the company a “positive” rating in a report on Monday, February 26th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, AerCap presently has an average rating of “Buy” and an average price target of $87.71.

About AerCap

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.