Wall Street brokerages expect that Aercap Holdings N.V. (NYSE:AER) will post earnings per share (EPS) of $1.47 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Aercap Holdings N.V.’s earnings, with estimates ranging from $1.36 to $1.55. Aercap Holdings N.V. posted earnings of $1.68 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 12.5%. The business is expected to issue its next quarterly earnings results on Tuesday, November 14th.

According to Zacks, analysts expect that Aercap Holdings N.V. will report full year earnings of $6.22 per share for the current fiscal year, with EPS estimates ranging from $5.84 to $6.63. For the next year, analysts anticipate that the business will report earnings of $6.78 per share, with EPS estimates ranging from $6.49 to $7.25. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Aercap Holdings N.V..

Aercap Holdings N.V. (NYSE:AER) last announced its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.38 by $0.29. Aercap Holdings N.V. had a net margin of 22.26% and a return on equity of 14.43%. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the business posted $1.22 EPS. The business’s quarterly revenue was up 2.0% compared to the same quarter last year.

AER has been the subject of a number of recent analyst reports. BidaskClub raised Aercap Holdings N.V. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 9th. Royal Bank Of Canada reiterated a “buy” rating and set a $77.00 target price on shares of Aercap Holdings N.V. in a research report on Friday, August 4th. Zacks Investment Research raised Aercap Holdings N.V. from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a research note on Tuesday, August 15th. Barclays PLC began coverage on Aercap Holdings N.V. in a research note on Monday, July 10th. They set an “overweight” rating and a $61.00 target price for the company. Finally, Credit Suisse Group reissued a “buy” rating and set a $56.00 target price on shares of Aercap Holdings N.V. in a research note on Friday, July 7th. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $57.45.

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Shares of Aercap Holdings N.V. (NYSE:AER) opened at 51.84 on Wednesday. Aercap Holdings N.V. has a 12-month low of $38.20 and a 12-month high of $51.84. The stock has a market capitalization of $8.32 billion, a P/E ratio of 8.18 and a beta of 1.86. The stock has a 50 day moving average of $49.52 and a 200 day moving average of $46.96.

Aercap Holdings N.V. declared that its board has initiated a stock repurchase program on Thursday, August 3rd that permits the company to buyback $250.00 million in shares. This buyback authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

In related news, Director Michael Gradon sold 742 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $50.16, for a total value of $37,218.72. Following the sale, the director now directly owns 3,380 shares of the company’s stock, valued at approximately $169,540.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James A. Lawrence bought 100,000 shares of the company’s stock in a transaction on Wednesday, August 9th. The shares were acquired at an average price of $49.81 per share, with a total value of $4,981,000.00. Following the completion of the acquisition, the director now directly owns 53,280 shares in the company, valued at approximately $2,653,876.80. The disclosure for this purchase can be found here.

A number of institutional investors and hedge funds have recently made changes to their positions in AER. Financial Architects Inc lifted its holdings in shares of Aercap Holdings N.V. by 2.1% in the second quarter. Financial Architects Inc now owns 2,536 shares of the financial services provider’s stock valued at $118,000 after purchasing an additional 52 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Aercap Holdings N.V. by 0.7% in the first quarter. Prudential Financial Inc. now owns 16,661 shares of the financial services provider’s stock valued at $766,000 after purchasing an additional 108 shares during the last quarter. Financial Counselors Inc. grew its position in shares of Aercap Holdings N.V. by 1.7% in the first quarter. Financial Counselors Inc. now owns 6,632 shares of the financial services provider’s stock valued at $305,000 after purchasing an additional 111 shares during the last quarter. Huntington National Bank grew its position in shares of Aercap Holdings N.V. by 4.8% in the second quarter. Huntington National Bank now owns 2,973 shares of the financial services provider’s stock valued at $138,000 after purchasing an additional 136 shares during the last quarter. Finally, United Capital Financial Advisers LLC grew its position in shares of Aercap Holdings N.V. by 0.3% in the first quarter. United Capital Financial Advisers LLC now owns 59,567 shares of the financial services provider’s stock valued at $2,738,000 after purchasing an additional 181 shares during the last quarter. Institutional investors own 88.94% of the company’s stock.

Aercap Holdings N.V. 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 N.V. (NYSE:AER)

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