AerCap reports Q1 adjusted EPS $3.29, consensus $2.41

Reports Q1 revenue $2.02B, consensus $1.94B. “AerCap continued its strong performance during the first quarter. Our business is performing very well and the demand for our aviation assets remains robust,” said Aengus Kelly, Chief Executive Officer of AerCap. “During the quarter, we generated adjusted net income of $658 million and adjusted earnings per share of $3.29, as well as operating cash flow of $1.4 billion. As a result of this strong start to the year, we are raising our earnings guidance for the full year 2024.”