Revenue Update on AerCap Holdings N.V.(NYSE:AER)

AerCap Holdings N.V.(NYSE:AER) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 9, 2016. Company reported revenue of $1.18B. Analysts estimated a revenue of $1.23B. Earnings per share were $1.53. Analysts had estimated an EPS of $1.48.

AerCap Holdings N.V. (AER) made into the market gainers list on Wednesdays trading session with the shares advancing 2.08% or 0.8 points. Due to strong positive momentum, the stock ended at $39.35, which is also near the day’s high of $39.42. The stock began the session at $38.55 and the volume stood at 15,93,253 shares. The 52-week high of the shares is $48.55 and the 52 week low is $24.61. The company has a current market capitalization of $7,393 M and it has 18,78,65,740 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Feb 29, 2016, Marius Jonkhart (director) purchased 5,000 shares at $34.62 per share price.Also, On Dec 11, 2015, James N Chapman (director) sold 2,000 shares at $41.28 per share price.On Jun 18, 2015, Michael Gradon (director) sold 1,603 shares at $46.41 per share price, according to the Form-4 filing with the securities and exchange commission.

AerCap Holdings N.V. is an independent aircraft leasing company. The Company is engaged in leasing financing sales and management of commercial aircraft and engines. The Company owns 1132 aircraft including 1100 aircraft held for operating lease 27 aircraft under finance and sales-type lease four aircraft that met the criteria for being classified as held for sale and one aircraft under contract to be parted-out but excluding three aircraft owned by AeroTurbine. The Company also managed 115 aircraft and AerDragon a non-consolidated joint venture owned or had on order another 32 aircraft. The Company also has 380 new aircraft on order. The Company’s owned and managed aircraft are leased to over 200 commercial airline and cargo operator customers in approximately 90 countries. The Company offers aircraft services including aircraft asset management administrative services and cash management services.

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