Last $44.48 USD
Change Today -0.74 / -1.64%
Volume 614.8K
AER On Other Exchanges
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As of 8:04 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

aercap holdings nv (AER) Key Developments

AerCap Holdings N.V. Announces Executive Changes

AerCap Holdings N.V. announced that John Wikoff will become Head of Investor Relations at AerCap with immediate effect. John Wikoff was most recently at Goldman, Sachs & Co. where he headed the Transportation Finance Group in New York. At Goldman, John was responsible for arranging various types of debt and equity-like offerings for aircraft lessors, airlines and other transportation concerns across the globe. After more than seven years of service as AerCap's Head of Investor Relations, Peter Wortel has decided to leave the company to pursue other interests.

AerCap Holdings N.V. - Shareholder/Analyst Call

AerCap Holdings N.V. - Shareholder/Analyst Call

AerCap Holdings N.V. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Asset Impairment for the Third Quarter of 2014; Provides Earnings Guidance for the Fourth Quarter 2014

AerCap Holdings N.V. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. Third quarter 2014 reported net income attributable to company was $340.9 million, compared with $83.6 million for the same period in 2013. Third quarter 2014 reported diluted earnings per share were $1.59, compared with $0.73 for the same period in 2013. The increase in net income and earnings per share over third quarter 2013 were driven primarily by the ILFC transaction. Third quarter 2014 adjusted net income was $315.8 million, compared with $89.4 million for the same period in 2013. Third quarter 2014 adjusted earnings per share were $1.49, compared with $0.79 for the same period in 2013. The increase in adjusted net income and earnings per share over third quarter 2013 were driven primarily by the ILFC transaction. Total revenues and other income was $1,251.0 million against $279.4 million a year ago. The increase was driven primarily by the ILFC transaction and new aircraft purchases. Operating cash flows were $885 million for the third quarter. For the nine months, the company reported net income attributable to company was $534.0 million or $3.21 per diluted share against $226.8 million or $1.98 per diluted share a year ago. Adjusted net income was $608.1 million or $3.71 per basic share against $224.5 million or $1.98 per basic share a year ago. Total revenues and other income was $2,322.7 million against $772.2 million a year ago. Net cash provided by operating activities was $1,498,361,000 against $510,488,000 a year ago. Purchase of flight equipment was $1,373,863,000 against $1,550,574,000 a year ago. For the quarter, the company reported asset impairment of $1,584 million against $9,193 million a year ago. For fourth quarter 2014, total revenue is expected to be approximately $1,250,000,000, which is $5 billion on an annualized basis. Depreciation is expected to be approximately $530 million or $2.1 billion on an annualized basis. This reflects expensing the maintenance rights assets over the remaining economic life of the aircraft. Interest expense is expected to be approximately $280 million or $1.1 billion annualized. Leasing and SG&A costs are expected to be $125 million to $150 million or $500 million to $600 million on an annualized basis, and the tax rate is expected to be approximately 17.5%.

AerCap Holdings N.V. to Report Q3, 2014 Results on Nov 04, 2014

AerCap Holdings N.V. announced that they will report Q3, 2014 results Pre-Market on Nov 04, 2014

AerCap Holdings N.V., Q3 2014 Earnings Call, Nov 04, 2014

AerCap Holdings N.V., Q3 2014 Earnings Call, Nov 04, 2014

 

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AER

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Valuation AER Industry Range
Price/Earnings 11.6x
Price/Sales 3.7x
Price/Book 1.3x
Price/Cash Flow 16.0x
TEV/Sales NM Not Meaningful
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