AerSale (ASLE) to Release Quarterly Earnings on Monday

AerSale (NASDAQ:ASLE – Get Rating) is set to issue its quarterly earnings data after the market closes on Monday, August 8th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. AerSale has set its FY 2022 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.

AerSale (NASDAQ:ASLE – Get Rating) last posted its quarterly earnings results on Monday, May 9th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.31. The business had revenue of $122.81 million for the quarter. AerSale had a return on equity of 13.46% and a net margin of 10.70%. During the same quarter in the prior year, the business earned $0.23 EPS.

AerSale Trading Down 0.2 %

Shares of NASDAQ:ASLE opened at $17.99 on Friday. The stock has a market capitalization of $929.87 million, a P/E ratio of 20.68 and a beta of 0.50. AerSale has a 1-year low of $11.39 and a 1-year high of $24.20. The business has a 50-day moving average price of $15.23 and a two-hundred day moving average price of $15.09.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ASLE. Vanguard Group Inc. boosted its stake in shares of AerSale by 73.8% in the 1st quarter. Vanguard Group Inc. now owns 855,520 shares of the company’s stock valued at $13,449,000 after purchasing an additional 363,292 shares during the last quarter. BlackRock Inc. boosted its stake in shares of AerSale by 55.4% in the 1st quarter. BlackRock Inc. now owns 917,919 shares of the company’s stock valued at $14,430,000 after purchasing an additional 327,380 shares during the last quarter. Private Capital Management LLC boosted its stake in shares of AerSale by 18.7% in the 1st quarter. Private Capital Management LLC now owns 359,271 shares of the company’s stock valued at $5,648,000 after purchasing an additional 56,592 shares during the last quarter. Northern Trust Corp boosted its stake in shares of AerSale by 57.8% in the 1st quarter. Northern Trust Corp now owns 131,840 shares of the company’s stock valued at $2,073,000 after purchasing an additional 48,276 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of AerSale by 31.4% in the 1st quarter. State Street Corp now owns 175,115 shares of the company’s stock valued at $2,753,000 after purchasing an additional 41,867 shares during the last quarter. Institutional investors own 69.03% of the company’s stock.

AerSale Company Profile

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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).