AerCap Holdings N.V. (NYSE:AER) Q3 2023 Results Conference Call October 27, 2023 8:30 AM ET

Company Participants

Joseph McGinley - Head of Investor Relations

Aengus Kelly - Chief Executive Officer

Pete Juhas - Chief Financial Officer

Conference Call Participants

Jamie Baker - JP Morgan

Stephen Trent - Citigroup

Helane Becker - TD Cowen

Catherine O'Brien - Goldman Sachs

Hillary Cacanando - Deutsche Bank

Vincent Caintic - Stephens

Jordan Lyonnais - Bank of America

Operator

Good day, and welcome to the AerCap Holdings N.V. Third Quarter 2023 Financial Results. Today's conference is being recorded, and a transcript will be able following the call on the Company's website.

At this time, I would like to turn the conference over to Joseph McGinley, Head of Investor Relations. Please go ahead.

Joseph McGinley

Thank you, operator, and hello, everyone. Welcome to our third quarter 2023 conference call. With me today is our Chief Executive Officer, Aengus Kelly; and our Chief Financial Officer, Pete Juhas.

Before we begin today's call, I would like to remind you that some statements made during this conference call, which are not historical facts, may be forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied in such statements.

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. Further information concerning issues that could materially affect performance can be found in AerCap's earnings release dated October 27, 2023.

A copy of the earnings release and conference call presentation are available on our website at aercap.com. This call is open to the public and is being webcast simultaneously at aercap.com and will be archived for replay. We will shortly run through our earnings presentation and we'll allow time at the end for Q&A. As a reminder, I would ask that analysts limit themselves to one question and one follow-up.

I will now turn the call over to Angus Kelly.

Aengus Kelly

Thank you for joining us for our third quarter 2023 earnings call. I am pleased to report another quarter of strong earnings for AerCap, where the underlying business continues to perform very well, generating adjusted EPS of $2.81, our highest quarterly EPS since the closing of the GECAS acquisition. As a result of this strong performance and an improved outlook for Q4, I'm delighted to announce that we are once again increasing our earnings guidance for the year.