AerCap's Q3 Developments: 134 Lease Agreements, Repurchase Of 20M Shares & More
Portfolio Pulse from Lekha Gupta
AerCap Holdings NV (AER) reported Q3 FY23 transactions and financial developments. The company signed 134 lease agreements, purchased 33 airlines, and completed 52 sale deals. It also repurchased about 20 million shares worth $1.2 billion and carried out financing transactions worth $3.9 billion. In Q2 FY23, the company reported a 10% YoY total lease revenue growth to $1.72 billion, missing the analyst consensus of $1.82 billion. Adjusted EPS of $2.56 beat the analyst consensus of $2.06.

October 09, 2023 | 12:55 pm
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NEUTRAL IMPACT
AerCap's Q3 FY23 report shows significant activity in leasing, acquisitions, and sales, along with a substantial share repurchase. However, Q2 FY23 total lease revenue missed analyst expectations, which could negatively impact investor sentiment.
AerCap's Q3 FY23 report shows a high level of activity in leasing, acquisitions, and sales, indicating a strong operational performance. The company also repurchased a significant number of shares, which could boost EPS in the future. However, the company's Q2 FY23 total lease revenue missed analyst expectations, which could negatively impact investor sentiment and put downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100