AerCap (NYSE:AER) is set to post its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect AerCap to post earnings of $1.45 per share for the quarter.
AerCap (NYSE:AER) last issued its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.62 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.15. The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.23 billion. AerCap had a net margin of 22.84% and a return on equity of 13.84%. The company’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.22 EPS. On average, analysts expect AerCap to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
AerCap (AER) opened at $52.07 on Wednesday. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.42 and a current ratio of 0.42. AerCap has a one year low of $42.35 and a one year high of $55.67. The firm has a market cap of $8,160.00, a price-to-earnings ratio of 7.70, a PEG ratio of 0.70 and a beta of 1.79.
A number of research analysts recently weighed in on the stock. Zacks Investment Research cut shares of AerCap from a “hold” rating to a “sell” rating in a research note on Monday. UBS Group lifted their target price on shares of AerCap from $44.00 to $54.00 and gave the company a “neutral” rating in a research note on Thursday, November 9th. Citigroup assumed coverage on shares of AerCap in a research note on Friday, December 8th. They set a “neutral” rating and a $57.00 target price on the stock. Cowen restated a “buy” rating and set a $55.00 target price on shares of AerCap in a research note on Thursday, October 12th. Finally, Wells Fargo & Co set a $62.00 target price on shares of AerCap and gave the company a “buy” rating in a research note on Friday, December 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. AerCap presently has a consensus rating of “Buy” and a consensus price target of $57.30.
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AerCap 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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