|Bid||31.68 x 800|
|Ask||31.69 x 800|
|Day's range||31.60 - 32.99|
|52-week range||10.42 - 64.86|
|Beta (5Y monthly)||2.08|
|PE ratio (TTM)||3.77|
|Earnings date||06 Nov 2020 - 10 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||45.14|
AerCap Holdings (AER) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
At this time, I would like to turn the conference over to Joseph McGinley, Head of Investor Relations. With me today is our Chief Executive Officer, Aengus Kelly and our Chief Financial Officer, Pete Juhas. AerCap undertakes no obligation, other than that imposed by law to publicly update or revise any forward-looking statements to reflect future events, information, or circumstances that arise after this call.
Aircraft leasing company AerCap (NYSE: AER) said Thursday it has canceled 15 additional orders for Boeing (NYSE: BA) 737 Max jets as it prepares to deal with an expected slowing in demand for new planes due to the COVID-19 pandemic. AerCap, which is in the business of buying planes from manufacturers and leasing them to airlines, has been reworking its order book in response to pandemic-related travel declines. The company announced Thursday that it has an agreement in place with Boeing to further restructure its order, including the cancellation of 15 737 Max planes.