Wall Street analysts expect that AerCap Holdings (NYSE:AER) will announce earnings per share (EPS) of $1.46 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for AerCap Holdings’ earnings. The lowest EPS estimate is $1.30 and the highest is $1.55. AerCap Holdings reported earnings per share of $1.68 during the same quarter last year, which suggests a negative year-over-year growth rate of 13.1%. The business is expected to report its next quarterly earnings results before the market opens on Thursday, November 2nd.

According to Zacks, analysts expect that AerCap Holdings will report full-year earnings of $6.18 per share for the current year, with EPS estimates ranging from $5.71 to $6.63. For the next fiscal year, analysts forecast that the company will report earnings of $6.76 per share, with EPS estimates ranging from $6.34 to $7.25. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover AerCap Holdings.

AerCap Holdings (NYSE:AER) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.67 EPS for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.29. AerCap Holdings had a net margin of 23.51% and a return on equity of 13.32%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the firm posted $1.22 earnings per share. The company’s quarterly revenue was up 2.0% compared to the same quarter last year.

Several equities research analysts have recently commented on AER shares. Royal Bank Of Canada reissued a “buy” rating and issued a $77.00 price objective on shares of AerCap Holdings in a report on Friday, August 4th. Zacks Investment Research raised AerCap Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 4th. BidaskClub raised AerCap Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 9th. Credit Suisse Group reissued a “buy” rating and issued a $56.00 price objective on shares of AerCap Holdings in a report on Friday, July 7th. Finally, Cowen and Company reissued a “buy” rating and issued a $55.00 price objective on shares of AerCap Holdings in a report on Thursday, October 12th. Two investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $57.55.

In other AerCap Holdings news, CEO Aengus Kelly sold 100,000 shares of the stock in a transaction on Friday, August 4th. The stock was sold at an average price of $49.87, for a total transaction of $4,987,000.00. Following the transaction, the chief executive officer now owns 2,231,875 shares in the company, valued at approximately $111,303,606.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Gradon sold 742 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $50.16, for a total value of $37,218.72. Following the transaction, the director now owns 3,380 shares in the company, valued at approximately $169,540.80. The disclosure for this sale can be found here.

A number of hedge funds have recently bought and sold shares of the business. Financial Architects Inc increased its position in AerCap Holdings by 2.1% during the 2nd quarter. Financial Architects Inc now owns 2,536 shares of the financial services provider’s stock worth $118,000 after buying an additional 52 shares during the period. Prudential Financial Inc. increased its position in AerCap Holdings by 0.7% during the 1st quarter. Prudential Financial Inc. now owns 16,661 shares of the financial services provider’s stock worth $766,000 after buying an additional 108 shares during the period. Huntington National Bank increased its position in AerCap Holdings by 4.8% during the 2nd quarter. Huntington National Bank now owns 2,973 shares of the financial services provider’s stock worth $138,000 after buying an additional 136 shares during the period. OLD National Bancorp IN increased its position in AerCap Holdings by 4.1% during the 2nd quarter. OLD National Bancorp IN now owns 5,904 shares of the financial services provider’s stock worth $274,000 after buying an additional 234 shares during the period. Finally, Wrapmanager Inc. increased its position in AerCap Holdings by 2.3% during the 2nd quarter. Wrapmanager Inc. now owns 11,210 shares of the financial services provider’s stock worth $520,000 after buying an additional 249 shares during the period. Hedge funds and other institutional investors own 88.86% of the company’s stock.

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AerCap Holdings (AER) traded up 1.53% during trading on Friday, hitting $53.06. 1,307,477 shares of the stock were exchanged. The firm’s 50 day moving average price is $50.78 and its 200-day moving average price is $47.60. AerCap Holdings has a 1-year low of $39.97 and a 1-year high of $53.19. The stock has a market cap of $8.52 billion, a price-to-earnings ratio of 8.37 and a beta of 1.86.

AerCap Holdings announced that its Board of Directors has initiated a stock repurchase plan on Thursday, August 3rd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

AerCap Holdings Company Profile

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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Earnings History and Estimates for AerCap Holdings (NYSE:AER)

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