Profile
Sector:
IndustrialsIndustry:
Airports & Air ServicesCountry:
United StatesIPO:
28 February 2019Website:
http://www.aersale.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 05 Jul 2024 20:02:31 GMTDividend
Analysts recommendations
Institutional Ownership
ASLE Latest News
MIAMI--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, proudly announces the opening of its newest location in Millington, Tennessee, with its first aircraft induction. This strategic expansion marks a significant milestone in AerSale's commitment to serving its customers and enhancing its MRO capabilities to better support the global commercial aviation industry. Founded in 1917 the Millington-Memphis Airport (originall.
AerSale (ASLE) lacks the necessary elements for a potential earnings beat in its upcoming report. Be sure to familiarize yourself with the key expectations.
Moog (MOG.A) reported quarterly earnings of $2.19 per share, surpassing the Zacks Consensus Estimate of $1.70 per share. This is an increase from earnings of $1.42 per share in the same quarter last year.
ASLE, CPRI and CMAX have been added to the Zacks Rank #5 (Strong Sell) List on March 28, 2023.
This aerospace company has missed the Zacks Consensus Estimate in each of the last four quarters and estimates have crashed lower.
AerSale (NASDAQ: ASLE ) stock is down on Friday after releasing its earnings report for the fourth quarter of 2023. The bad news for ASLE stockholders starts with the aftermarket commercial aircraft seller's adjusted earnings per share of -2 cents during the quarter.
AerSale Corporation (ASLE) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.45. This compares to earnings of $0.23 per share a year ago.
With its shares trading near all-time lows, AerSale offers over 100% near-term potential upside and significant downside protection. AerSale experienced temporary challenges in FY 2023 but has seen a sharp recovery in its core business in 2H'23, fueled by robust feedstock purchases. ASLE remains on track to receive initial orders for AerAware later this year, including a large order from rumored launch customer United Airlines.
AerSale's long-anticipated AerAware vision system has been approved for use in older Boeing airplanes. AerAware sales should boost revenue and enjoy higher margins than AerSale's core business.
AerSale Corporation (NASDAQ:ASLE ) Q3 2023 Earnings Conference Call November 8, 2023 4:30 PM ET Company Participants Jackie Carlon - Vice President of Marketing and Communications Nicolas Finazzo - Chairman and Chief Executive Officer Martin Garmendia - Chief Financial Officer Conference Call Participants Bert Subin - Stifel Kenneth Herbert - RBC Capital Markets Michael Ciarmoli - Truist Jack Ayers - TD Cowen Operator Good day, and welcome to the AerSale, Inc. Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.
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What type of business is AerSale?
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services. This segment also provides aircraft modifications, cargo and tanker conversions of aircraft, and aircraft storage; and MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components. The company was founded in 2008 and is headquartered in Coral Gables, Florida.
What sector is AerSale in?
AerSale is in the Industrials sector
What industry is AerSale in?
AerSale is in the Airports & Air Services industry
What country is AerSale from?
AerSale is headquartered in United States
When did AerSale go public?
AerSale initial public offering (IPO) was on 28 February 2019
What is AerSale website?
https://www.aersale.com
Is AerSale in the S&P 500?
No, AerSale is not included in the S&P 500 index
Is AerSale in the NASDAQ 100?
No, AerSale is not included in the NASDAQ 100 index
Is AerSale in the Dow Jones?
No, AerSale is not included in the Dow Jones index
When does AerSale report earnings?
The next expected earnings date for AerSale is 08 August 2024