Why AerCap Holdings (AER) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of AerCap Holdings N.V. (AER) are higher by 1.71% to $45.24 on heavy volume in mid-afternoon trading on Tuesday, after the company reported a rise in net earnings for the 2014 second quarter to $138.3 million, or 84 cents per share, compared with $75.7 million, or 67 cents per share for the same quarter last year.

The integrated global aviation company said adjusted net income grew to $212.4 million, or $1.29 per basic share for the most recent quarter, from $67.1 million, or 59 cents per share for the 2013 second quarter.

The company said its profit hike is due to the International Lease Finance Corp. transaction. AerCap purchased ILFC from American International Group Inc. (AIG) for $7.6 billion, Bloomberg reported. 

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AerCap posted an increase in revenue to $806.8 million versus $247 million for last year’s second quarter.


Separately, TheStreet Ratings team rates AERCAP HOLDINGS NV as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate AERCAP HOLDINGS NV (AER) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk."

You can view the full analysis from the report here: AER Ratings Report

AER Chart AER data by YCharts

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