DUBLIN (AP) — DUBLIN (AP) — AerCap Holdings NV (AER) on Wednesday reported third-quarter earnings of $948.8 million.
The Dublin-based company said it had profit of $6.17 per share. Earnings, adjusted for one-time gains and costs, were $6.56 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $4.57 per share.
The airplane leasing company posted revenue of $2.42 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.12 billion.
AerCap expects full-year earnings to be $20.70 per share.
AerCap shares have climbed 9.5% since the beginning of the year. The stock has increased 29% in the last 12 months.
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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
