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

Aersale

09/05/2023 23:05

* AerSale Corp  ASLE.OQ  reported quarterly adjusted
earnings of 7
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
15 cents per share.
    * Revenue fell 36.3% to $78.27 million from a year ago;
analysts
expected $85.90 million. 
    * AerSale Corp's reported EPS for the quarter was breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 46.7%
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 5.6% this quarter and
gained 0.2% so far this year.
    * The company reported quarterly net income of $5 thousand.
    * Wall Street's median 12-month price target for AerSale
Corp is
$21.50 
    * 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 May
9 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.18           0.56           Beat