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News

Recap: AerSale Q4 Earnings

Author: Benzinga Insights | March 07, 2024 05:50pm

AerSale (NASDAQ:ASLE) reported its Q4 earnings results on Thursday, March 7, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

AerSale missed estimated earnings by -104.0%, reporting an EPS of $-0.02 versus an estimate of $0.45.

Revenue was down $678 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 13.0% drop in the share price the next day.

Here's a look at AerSale's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.21 0.11 0.15 0.20
EPS Actual 0.03 -0.03 0.07 0.23
Revenue Estimate 114.49M 86.98M 85.90M 122.66M
Revenue Actual 92.48M 69.33M 78.27M 95.10M

To track all earnings releases for AerSale visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ASLE