AerSale Corp reports results for the quarter ended in June - Earnings Summary

Aersale

09/08/2023 04:31

* AerSale Corp  ASLE.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in June. The mean expectation of
four analysts for the quarter was for earnings of 12 cents per
share.
    * Revenue fell 50.3% to $69.33 million from a year ago;
analysts
expected $86.98 million. 
    * AerSale Corp's reported EPS for the quarter was a loss
of 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * AerSale Corp shares had fallen by 1.6% this quarter and
lost 10.8% so far this year.
    * The company reported a quarterly loss of $2.69 million.
    * Wall Street's median 12-month price target for AerSale
Corp is
$20.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 03:31 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.12           0.00           Missed
 Mar. 31 2023      0.15           0.07           Missed
 Dec. 31 2022      0.21           0.23           Beat
 Sep. 30 2022      0.05           -0.03          Missed