AerSale (NASDAQ:ASLE) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
AerSale missed estimated earnings by 85.71%, reporting an EPS of $0.03 versus an estimate of $0.21.
Revenue was up $41.48 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.14 which was followed by a 25.14% drop in the share price the next day.
Here’s a look at AerSale’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.15 | 0.20 | 0.04 |
| EPS Actual | -0.03 | 0.07 | 0.23 | -0.03 |
| Revenue Estimate | 86.98M | 85.90M | 122.66M | 71.51M |
| Revenue Actual | 69.33M | 78.27M | 95.10M | 51.00M |
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.