AerCap Holdings Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

AerCap Holdings (NYSE:AER) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.95b (up 3.0% from 3Q 2023).
• Net income: US$375.0m (down 66% from 3Q 2023).
• Profit margin: 19% (down from 58% in 3Q 2023).
• EPS: US$2.00 (down from US$4.93 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

AerCap Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Trade Distributors industry in the US.

Performance of the American Trade Distributors industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for AerCap Holdings (2 are a bit unpleasant!) that you need to be mindful of.

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