DUBLIN (AP) — DUBLIN (AP) — AerCap Holdings NV (AER) on Wednesday reported second-quarter net income of $725.7 million.
The Dublin-based company said it had net income of $4.59 per share. Earnings, adjusted for non-recurring costs, were $5.14 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.94 per share.
The airplane leasing company posted revenue of $2.17 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.07 billion.
AerCap expects full-year earnings to be $16.80 per share.
AerCap shares have risen 7% since the beginning of the year. The stock has risen 38% 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
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