AerCap (AER) Set to Announce Earnings on Wednesday

AerCap (NYSE:AER) is set to issue its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $2.43 per share for the quarter. AerCap has set its FY 2024 guidance at 10.250-10.25 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

AerCap (NYSE:AER) last issued its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $0.60. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same period last year, the company earned $2.56 EPS. The company’s quarterly revenue was up 1.8% on a year-over-year basis. On average, analysts expect AerCap to post $11 EPS for the current fiscal year and $11 EPS for the next fiscal year.

AerCap Trading Down 0.0 %

NYSE AER opened at $95.42 on Monday. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a market capitalization of $18.89 billion, a P/E ratio of 6.21, a PEG ratio of 2.13 and a beta of 1.83. The firm’s 50-day moving average is $94.79 and its two-hundred day moving average is $92.31. AerCap has a 12 month low of $58.46 and a 12 month high of $99.30.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were issued a $0.25 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. AerCap’s dividend payout ratio is currently 6.51%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their target price on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Susquehanna increased their target price on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research note on Friday, August 2nd. Barclays lifted their target price on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Finally, TD Cowen reissued a “buy” rating and set a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $106.43.

AerCap Company Profile

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.