AerCap Reports Q1 EPS & Revenue Beat
<p><a href='https://financialmodelingprep.com/financial-summary/AER'>AerCap Holdings (NYSE:AER)</a> reported its Q1 earnings results on Tuesday, with EPS of $2.34 coming in better than the Street estimate of $1.95. Revenue was $1.87 billion, beating the Street estimate of $1.76 billion.</p>
<p>The company affirmed its 2023 adjusted EPS guide ($7.00 - $7.50 excluding gains on sale) at the higher end, reflecting its confidence in the outlook for 2023. Furthermore, AER’s Board has approved a new share repurchase authorization of up to $500 million.</p>
<p>According to the analysts at Deutsche Bank, the current weakness in shares represents a good buying opportunity as fundamentals remain very favorable and valuation remains attractive.</p>

NYSE:AER