Equities research analysts expect that AerCap Holdings (NYSE:AER) will announce $1.38 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for AerCap’s earnings, with estimates ranging from $1.05 to $1.47. AerCap reported earnings per share of $2.18 during the same quarter last year, which suggests a negative year over year growth rate of 36.7%. The company is scheduled to report its next earnings results before the market opens on Wednesday, February 14th.
According to Zacks, analysts expect that AerCap will report full year earnings of $6.17 per share for the current year, with EPS estimates ranging from $5.84 to $6.31. For the next year, analysts expect that the firm will post earnings of $6.29 per share, with EPS estimates ranging from $5.81 to $6.70. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for AerCap.
AerCap (NYSE:AER) last posted its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.15. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.23 billion. AerCap had a net margin of 22.84% and a return on equity of 13.84%. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.22 earnings per share.
AerCap (NYSE AER) opened at $50.97 on Tuesday. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.42 and a quick ratio of 0.42. The stock has a market cap of $8,254.75, a P/E ratio of 7.63, a price-to-earnings-growth ratio of 0.69 and a beta of 1.80. AerCap has a 12-month low of $42.35 and a 12-month high of $55.67.
AerCap declared that its board has approved a share repurchase program on Thursday, November 2nd that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.
A number of institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank boosted its stake in AerCap by 18.7% in the 4th quarter. Toronto Dominion Bank now owns 8,306 shares of the financial services provider’s stock worth $437,000 after purchasing an additional 1,306 shares during the period. Sei Investments Co. boosted its stake in shares of AerCap by 7.6% during the 4th quarter. Sei Investments Co. now owns 582,103 shares of the financial services provider’s stock valued at $30,625,000 after buying an additional 40,907 shares during the period. Heritage Investors Management Corp boosted its stake in shares of AerCap by 16.1% during the 4th quarter. Heritage Investors Management Corp now owns 85,910 shares of the financial services provider’s stock valued at $4,520,000 after buying an additional 11,910 shares during the period. KBC Group NV boosted its stake in shares of AerCap by 36.5% during the 4th quarter. KBC Group NV now owns 101,430 shares of the financial services provider’s stock valued at $5,336,000 after buying an additional 27,131 shares during the period. Finally, Concourse Capital Management LLC boosted its stake in shares of AerCap by 51.9% during the 4th quarter. Concourse Capital Management LLC now owns 54,725 shares of the financial services provider’s stock valued at $2,879,000 after buying an additional 18,705 shares during the period. 85.43% of the stock is owned by hedge funds and other institutional investors.
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AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.
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