AerCap Holdings: Q3 Earnings Insights

Shares of AerCap Holdings AER were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 38.31% year over year to $1.24, which missed the estimate of $1.43.

Revenue of $988,101,000 declined by 13.25% from the same period last year, which missed the estimate of $1,100,000,000.

Guidance

AerCap Holdings hasn't issued any earnings guidance for the time being.

AerCap Holdings hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Nov 10, 2020

Time: 08:30 AM

ET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1378070&tp_key=f15fd5f6c9

Technicals

Company's 52-week high was at $64.86

52-week low: $10.42

Price action over last quarter: Up 30.54%

Company Description

AerCap Holdings NV is an aircraft leasing company. Its major activities include leasing, financing, sales and management of commercial aircraft and engines. It operates in Mainland China, Hong Kong, Macau, USA, the Netherlands, and a few other countries. They also provide aircraft asset management and corporate services to securitization vehicles, joint ventures, and other third parties. Through its subsidiary, the group also provides engine leasing, certified aircraft engines, airframes, and engine parts.