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Aercap Holdings' Q1 Net Income, Revenue Rise; 2024 Adjusted Earnings Guidance Raised
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Aercap Holdings' Q1 Net Income, Revenue Rise; 2024 Adjusted Earnings Guidance Raised
May 1, 2024 5:49 AM

08:22 AM EDT, 05/01/2024 (MT Newswires) -- Aercap Holdings ( AER ) reported Q1 net income Wednesday of $3.02 per diluted share, up from $1.79 a year earlier.

Two analysts polled by Capital IQ expected $1.74.

Revenue for the quarter ended March 31 was $2.02 billion, compared with $1.87 billion a year earlier. Analysts surveyed by Capital IQ expected $1.95 billion.

The company said it now expects 2024 adjusted EPS of $9.20, up from its prior guidance range of $7.50 to $8.50. Analysts polled by Capital IQ expect $9.84.

Price: 86.01, Change: +1.52, Percent Change: +1.80

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