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AerCap beats Street 3Q forecasts

DUBLIN (AP) _ AerCap Holdings NV (AER) on Thursday reported third-quarter net income of $265.8 million.

The Dublin-based company said it had profit of $1.62 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.

The airplane leasing company posted revenue of $1.27 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.2 billion.

AerCap shares have climbed 27 percent since the beginning of the year. The stock has increased 30 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AER at https://www.zacks.com/ap/AER