AerCap Holdings N.V. (NYSE: AER) has disappointed investors with its weaker-than-expected earnings for the first quarter of 2022. The company reported a loss per share of $8.35, which lagged the consensus estimate of $1.41 in earnings per share. However, when adjusting for charges related to the Russia-Ukraine war and other items, the company earned $2.23 per share, beating estimates. AER stock is currently up over 6%. Owing to the Ukraine-Russia conflict, the company took a pre-tax charge of $2.7 billion in Q1, relating to flight equipment write-offs and impairments, which were somewhat offset by the derecognition of lease-related assets and liabilities. Revenues increased 63% year-over-year to $1.
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Aercap Holdings NV (NYSE:AER)
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Aercap Holdings NV (NYSE:AER)
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