AerSale (NASDAQ:ASLE) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
AerSale missed estimated earnings by 53.33%, reporting an EPS of $0.07 versus an estimate of $0.15.
Revenue was down $44.53 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 13.31% drop in the share price the next day.
Here’s a look at AerSale’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.20 | 0.04 | 0.18 | 0.10 |
| EPS Actual | 0.23 | -0.03 | 0.56 | 0.41 |
| Revenue Estimate | 122.66M | 71.51M | 110.90M | 89.40M |
| Revenue Actual | 95.10M | 51.00M | 139.61M | 122.81M |
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.
