India, Oct. 28 -- Aircraft leasing company AerCap Holdings N.V. (AER) Wednesday raised its full-year 2026 adjusted earnings per share outlook to approximately $20.70, excluding any fourth-quarter gains on sale. Shares rose more than 3% in premarket trading.
The company had previously forecast adjusted earnings of approximately $16.80 per share.
Third-quarter net income fell to $948.8 million, or $6.17 per share, from $2.215 billion, or $6.98 per share, a year ago. The decline was partly due to the absence of $475 million in net recoveries related to the Ukraine conflict that AerCap recorded in the year-ago quarter. Total expenses increased to $1.419 billion from $940 million.
Excluding one-time items, adjusted earnings were $1.009 billio...