Hot Stock Analysis: AerCap Holdings N.V. (NYSE: AER)

DUBLIN, July 21, 2019 – Shares of AerCap Holdings N.V. (NYSE: AER) showed the bullish trend with a higher momentum of 1.05% to $50.85. The company traded total volume of 860.411K shares as contrast to its average volume of 922.46K shares. The company has a market value of $7.06B and about 138.85M shares outstanding.

AerCap Holdings NV (AER) reported first-quarter profit of $234.20M. The Dublin-based company said it had net income of $1.68 per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.60 per share.

Revenue and Net Spread:

Basic lease rents were $1,075.30M for the first quarter of 2019, contrast with $1,032.90M for the same period in 2018. The increase was mainly because of the increase in average lease assets.

Net gain on sale of assets for the first quarter of 2019 was $21.50M, regarding19 aircraft sold for $340.00M, contrast with $89.30M for the same period in 2018 regarding21 aircraft sold for $756.80M. The decrease was mainly because of the lower volume and composition of asset sales.

Other income for the first quarter of 2019 was $21.40M, contrast with $9.50M for the same period in 2018. The increase was mainly the result of net insurance proceeds recognized during the first quarter of 2019 and higher interest income.

Interest expense excluding mark-to-market of interest rate caps of $15.90M was $318.30M for the first quarter of 2019, contrast with $290.90M for the same period in 2018. Our average cost of debt was 4.2% for the first quarter of 2019, contrast with 4.0% for the same period in 2018.

Selling, General and Administrative Expenses:

Selling, general and administrative expenses were $66.90M for the first quarter of 2019, contrast with $85.80M for the same period in 2018. The decrease was mainly because of a decrease in share-based compensation and other compensation-related expenses.

Other Expenses:

Leasing expenses were $91.70M for the first quarter of 2019, contrast with $132.50M for the same period in 2018. The decrease was mainly because of a decrease in maintenance rights expense as a result of the lower maintenance rights asset balance as well as a decrease in other leasing expenses recognized as a result of lease terminations. Asset impairment charges were $5.00M for the first quarter of 2019, contrast to $2.10M recorded for the same period in 2018. Asset impairment charges recorded in the first quarter of 2019 related to sales transactions and was more than offset by maintenance revenue.

The Company offered net profit margin of 21.20% while its gross profit margin was 91.30%. ROE was recorded as 11.20% while beta factor was 1.85. The stock, as of recent close, has shown the weekly downbeat performance of -0.18% which was maintained at 28.41% in this year.

Madonna Ramirez

I am Madonna Ramirez and I give “Digital Market News” an insight into the most recent news hitting the “Services” sector in Wall Street.

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.

Address: 3855 Hart Country Lane, Blue Ridge, GA 30513, USA
Phone: (+1) 706-633-1897
Email: madonnaramirez@digitalmarketnews.com
Madonna Ramirez
Madonna Ramirez

Madonna Ramirez

I am Madonna Ramirez and I give “Digital Market News” an insight into the most recent news hitting the “Services” sector in Wall Street. I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 3855 Hart Country Lane, Blue Ridge, GA 30513, USA Phone: (+1) 706-633-1897 Email: madonnaramirez@digitalmarketnews.com

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