AerCap’s Q4: EPS Win, Revenue Wobble, $500M Share Buyback & More

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AerCap Holdings N.V. (NYSE:AER) shares are trading lower after it reported fourth-quarter FY23 results.

Total lease revenue grew 5% Y/Y to $1.718 billion. Total revenues and other income rose 4% to $1.899 billion, missing the consensus of $1.926 billion.

Basic lease rents were $1.576 billion in the fourth quarter, up 6% Y/Y, impacted by $40 million of lease premium amortization. 

The aviation leasing company signed 179 lease agreements in the fourth-quarter, comprising 11 wide-body aircraft, 89 narrow-body aircraft, three regional jets, 57 engines, and 19 helicopters.

AerCap had an adjusted …

Full story available on Benzinga.com


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