AerCap: Q4 Earnings Snapshot
DUBLIN (AP) — DUBLIN (AP) — AerCap Holdings NV (AER) on Friday reported fourth-quarter net income of $632.8 million.
The Dublin-based company said it had profit of $3.79 per share. Earnings, adjusted for one-time gains and costs, were $3.95 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.31 per share.
The airplane leasing company posted revenue of $2.24 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $2.05 billion.
For the year, the company reported profit of $3.75 billion, or $21.30 per share. Revenue was reported as $8.52 billion.
AerCap expects full-year earnings in the range of $12 to $13 per share.
AerCap shares have climbed slightly since the beginning of the year. The stock has risen 49% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AER at https://www.zacks.com/ap/AER