AerCap: AerCap: Q1 Earnings Snapshot

DUBLIN (AP) - DUBLIN (AP) - AerCap Holdings NV (AER) on Wednesday reported first-quarter profit of $642.9 million . On a per-share basis, the Dublin -based company said it had net income of $3.48 . Earnings, adjusted for amortization costs, came to $3.68 per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share. The airplane leasing company posted revenue of $2.08 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $1.98 billion . AerCap expects full-year earnings in the range of $9.30 to $10.30 per share. AerCap shares have climbed 10% since the beginning of the year. The stock has increased 22% in the last 12 months. _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AER at https://www.zacks.com/ap/AER For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News DUBLIN (AP) - DUBLIN (AP) - AerCap Holdings NV (AER) on Wednesday reported first-quarter profit of $642.9 million . On a per-share basis, the Dublin -based company said it had net income of $3.48 . Earnings, adjusted for amortization costs, came to $3.68 per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share. The airplane leasing company posted revenue of $2.08 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $1.98 billion . AerCap expects full-year earnings in the range of $9.30 to $10.30 per share. AerCap shares have climbed 10% since the beginning of the year. The stock has increased 22% in the last 12 months. _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AER at https://www.zacks.com/ap/AER For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News