AerSale (ASLE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
PRAA, HBT, UVSP, ASLE and AR have been added to the Zacks Rank #1 (Strong Buy) List on March 12, 2025.
AerSale stock surged 17%, reaching my $8.17 price target; I now project an 18% upside to $9.17, with a potential high of $14.34. Revenue grew 18.7% excluding whole asset sales, driven by strong used serviceable material sales, MRO demand, and a growing leasing portfolio. AerSale's risks include market conditions and trade turmoil, but opportunities lie in MRO expansion, AerSafe sales, and leasing growth.
AerSale Corporation (NASDAQ:ASLE ) Q4 2024 Results Conference Call March 6, 2025 4:30 PM ET Company Participants Christine Padron - Vice President of Compliance Nick Finazzo - Chairman and Chief Executive Officer Martin Garmendia - Chief Financial Officer Conference Call Participants Michael Ciarmoli - Truist Steve Strackhouse - RBC Capital Operator Good afternoon, everyone, and welcome to the AerSale Inc. Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
AerSale Corporation (ASLE) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to loss of $0.02 per share a year ago.
DORAL, Fla.--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) announced today that Thomas Mullins was added to the board of directors effective immediately. With more than 30 years of investment banking experience at Raymond James, Mr. Mullins has a diverse financial background spanning more than 140 transactions as lead banker, particularly with middle market companies. He was part of the founding team of the Raymond James investment banking practice and under his leadership.
CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”) announced today that it will release its earnings results for the fourth quarter and full year ended December 31, 2024, on Thursday, March 6, 2025, after the market closes. The Company will host a conference call on the same day at 4:30 pm Eastern Time to discuss the results. Participants may access the call at 1-844-792-3727, international callers may use 1-412-317-1888, and request to join the AerSale Corp.
Q3 sales fell 10.6%, but margins improved. MRO capacity expansion expected to bolster EBITDA by $50 million annually. There are AerAware commercialization struggles, but AerSale is focused on MRO growth and disciplined asset acquisition with AerSafe sales prospects due to 2026 regulatory compliance. Increased price target to $8.17 driven by $70 million insurance claims, despite reduced EBITDA and free cash flow estimates for 2025 and 2026.
AerSale Corporation (NASDAQ:ASLE ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Christine Padron - Vice President of Compliance. Nicolas Finazzo - Chairman and Chief Executive Officer Martin Garmendia - Chief Financial Officer Conference Call Participants Gautam Khanna - TD Cowen Ken Herbert - RBC Capital Markets Sam Struhsaker - Truist Securities Operator Good day, everyone, and welcome to today's AerSale Inc. Third Quarter 2024 Earnings Conference.
AerSale Corporation (ASLE) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.03 per share a year ago.