AerCap Beats Q2 Estimates, Lifts 2026 EPS View to ~$16.80, and Declares $0.40 Dividend
AER sits 42% above its 52-week low of $105.65.
Summary
AerCap reported Q2 2026 adjusted EPS of $5.14, beating estimates, and raised full-year 2026 adjusted EPS guidance to ~$16.80. The company also declared a $0.40 quarterly dividend and announced a new order for 15 Boeing 787s.
Key Events · Earnings and Guidance · AER
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Q2 Earnings Beat
Adjusted net income of $811 million, or $5.14 per share, exceeded expectations. GAAP net income was $726 million, down 42% year-over-year due to a large Ukraine-related insurance recovery in the prior-year quarter.
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Full-Year Guidance Raised
Management raised full-year 2026 adjusted EPS guidance to approximately $16.80, up from prior expectations, not including any additional gains on sale for the remainder of the year.
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Quarterly Dividend Declared
Board declared a quarterly cash dividend of $0.40 per share, payable September 3, 2026 to shareholders of record on August 12, 2026.
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New Aircraft Order
Entered into an agreement with Boeing to purchase 15 Boeing 787 aircraft, with deliveries scheduled from 2030 to 2033, expanding the order book.
Analysis · AER · Trade & Services
AerCap delivered adjusted EPS of $5.14, beating expectations, and raised full-year 2026 adjusted EPS guidance to approximately $16.80 — a significant upward revision. The company also declared a $0.40 quarterly dividend and announced a new order for 15 Boeing 787 aircraft, signaling confidence in long-term demand. The strong results and raised outlook come despite a 42% drop in GAAP net income, which was largely due to a tough comparison against last year's large Ukraine-related insurance recovery. The core leasing business remains robust, with record asset sales and aggressive share buybacks continuing.
At the time of this filing, AER was trading at $150.32 on NYSE in the Trade & Services sector, with a market capitalization of approximately $23.7B. The 52-week trading range was $105.65 to $156.33. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.