AerCap reports Q3 adjusted EPS $4.97, consensus $3.08

Reports Q3 revenue $2.309B, consensus $1.98B. “AerCap (AER) produced excellent results in the Q3. We generated record adjusted net income and adjusted EPS and sold $1.5B of assets, producing gains on sale of $332M, our highest amount ever for a quarter. This strong performance is indicative of the continued favorable environment for leasing and sales and of AerCap’s industry-leading position. In addition, during the third quarter we recovered another $475M related to assets lost in the Ukraine Conflict, bringing total recoveries since 2023 to $2.9B. On the back of these strong results and our positive outlook for the future, we are raising our FY25 adjusted EPS guidance to approximately $13.70,” said Aengus Kelly, CEO of AerCap.