If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In August, I trimmed my price target for AerSale Corporation (NASDAQ: ASLE ) by more than 30% driven by the absence of a clear line of sight on AerAware commercialization and an underlying business that was not performing extremely well. The compan ...

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. [Operator Instruction ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________. Commission file number: 001-38801 AerSale Corporation (Exact name of registrant as specified in its charter ...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced a loss of $0.05, delivering a surprise of -150%. Over the last four quarters, the company ...

Exhibit 99.1 AerSale Reports Third Quarter 2024 Results Third Quarter 2024 Highlights ● Revenue of $82.7 million versus $92.5 million in the prior year period. ● GAAP net income of $0.5 million versus GAAP net loss of $0.1 million in the prior year period. ● Adjusted Net Income of $1.8 million versus Adjusted Net Income of $0.9 million in the prior year period. ● Adjusted EBITDA1 of $8.2 million versus $1.9 million in the prior year period. ● Flight equipment sales consisted of five engines and no aircraft ...

Jetlinerimages/iStock via Getty Images In April, I maintained my strong buy rating on AerSale stock (NASDAQ:ASLE) despite the lack of tangible progress on its AerAware rollout to customers. AerSale is a business that has lumpy elements such as asset sales, and the only reason why I like the stock is the prospect of AerAware, and as I discuss in this report, the progress on that product rollout has been lackluster. However, I keep following the stock, and in this report, I will analyze the most recent earnin ...

Quarterly results fell well short of expectations. AerSale (ASLE -10.07%) results fell short of expectations, and it is still unclear when the company might see a revenue boost from a promising new product. Investors reacted by heading for the exits, sending AerSale shares down 10% as of 1:30 p.m. ET. A tough market for buyers and sellers AerSale is primarily a buyer and seller of used airplanes, engines, and aerospace parts, but the company has caught the attention of investors of late because of its AerAw ...

AERSALE CORPORATION Investor Presentation Important notices and disclaimers Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. AerSale's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budge ...

AerSale Corporation. (NASDAQ:ASLE) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Kristen Gallagher - HR Director Nicolas Finazzo - Chairman and Chief Executive Officer Martin Garmendia - Chief Financial Officer Conference Call Participants Bert Subin - Stifel Ken Herbert - RBC Capital Markets Pete Osterland - Truist Securities Operator Good day and welcome to the Aerosol Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. [Operator ...

AerSale Corporation (ASLE) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.10. This compares to loss of $0.03 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -150%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.11, delivering a surprise of 120%. Over the last four quarters, the company has surpassed co ...