AerCap Holdings N.V. (NYSE: AER) reported upbeat earnings for its fourth quarter on Friday.
Total revenues and other income rose 4% to $1.899 billion, missing the consensus of $1.926 billion. Adjusted EPS of $3.11 beat the analyst consensus of $2.45, according to data from Benzinga Pro.
Basic lease rents were $1.576 billion in the fourth quarter, up 6% Y/Y, impacted by $40 million of lease premium amortization. During the fourth quarter of 2023, the company recognized recoveries related to the Ukraine Conflict of $614 million.
In February 2024, the Board of Directors approved ...