AerSale Corporation (ASLE) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for AerSale Corporation (ASLE) due to higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - AerSale is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year increase of +200% [3]. - Revenues are projected to be $82.93 million, which is a 7.6% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 53.33% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - AerSale currently holds a Zacks Rank of 5, making it challenging to predict an earnings beat [12]. Historical Performance - In the last reported quarter, AerSale was expected to post earnings of $0.13 per share but instead reported a loss of -$0.05, resulting in a surprise of -138.46% [13]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [14]. Industry Context - BWX Technologies (BWXT), another player in the Aerospace - Defense Equipment industry, is expected to report earnings of $0.79 per share, indicating a year-over-year change of -3.7% [18]. - BWX's revenues are expected to be $715.86 million, up 5.1% from the previous year, with a slight increase in the consensus EPS estimate [19].