AerCap (AER) to Release Earnings on Thursday

AerCap (NYSE:AERGet Rating) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, August 11th. Analysts expect the company to announce earnings of $1.45 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

AerCap (NYSE:AERGet Rating) last posted its quarterly earnings data on Tuesday, May 17th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.84. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.97 billion. AerCap had a negative net margin of 20.75% and a positive return on equity of 12.47%. The company’s revenue for the quarter was up 63.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.93 earnings per share. On average, analysts expect AerCap to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

AerCap Stock Up 3.6 %

AER stock opened at $44.62 on Thursday. The stock has a market capitalization of $10.95 billion, a PE ratio of -16.90, a price-to-earnings-growth ratio of 0.63 and a beta of 2.09. AerCap has a 52 week low of $37.20 and a 52 week high of $71.38. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.32. The firm has a 50 day moving average of $42.93 and a 200 day moving average of $50.34.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Covestor Ltd purchased a new position in shares of AerCap during the 1st quarter valued at approximately $178,000. APG Asset Management N.V. acquired a new position in shares of AerCap in the first quarter worth about $203,000. Engineers Gate Manager LP purchased a new stake in shares of AerCap during the 1st quarter worth about $209,000. Virtu Financial LLC purchased a new stake in shares of AerCap during the 1st quarter worth about $213,000. Finally, XTX Topco Ltd acquired a new stake in shares of AerCap during the 1st quarter valued at about $246,000. 96.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AER has been the subject of several research reports. Barclays lowered their price objective on shares of AerCap from $72.00 to $58.00 and set an “overweight” rating for the company in a research note on Wednesday, July 13th. Susquehanna Bancshares cut their price objective on AerCap from $75.00 to $70.00 in a report on Wednesday, May 18th. HSBC decreased their target price on AerCap from $69.50 to $65.00 and set a “buy” rating for the company in a report on Wednesday, May 25th. Stephens cut their price target on shares of AerCap to $68.00 and set an “overweight” rating on the stock in a report on Wednesday, May 18th. Finally, upgraded shares of AerCap from a “sell” rating to a “hold” rating in a research note on Monday, July 11th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, AerCap has a consensus rating of “Moderate Buy” and a consensus target price of $68.50.

AerCap Company Profile

(Get Rating)

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.

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Earnings History for AerCap (NYSE:AER)

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