Aercap Holdings N.V.

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Aercap Holdings N.V. Reports Financial Results For The Third Quarter 2020

Published: 11/10/2020 13:03 GMT
AerCap Holdings NV (AER) - Aercap Holdings NV Reports Financial Results for the Third Quarter 2020.
Q3 Earnings per Share $1.24 Excluding Items.
Q3 Loss per Share $6.66.
Q3 Earnings per Share Estimate $1.28 -- Refinitiv Ibes Data (analyst estimates).
Special Items in Q3 Included a Non-cash Write-down of $973 Million of Flight Equipment and Goodwill.
Qtrly Total Revenues and Other Income $1,027 Million, Down 14%.
During Q3, Aercap Cancelled Its Orders for 24 Boeing 737 Max Aircraft.
Aercap - $915 Million of Impairment of Equipment in Q3, Related Primarily to Current Technology Widebody Aircraft, in Particular Airbus A330 & Boeing 777.
Q3 Revenue View $1.10 Billion -- Refinitiv Ibes Data (analyst estimates).