AerSale (ASLE) to Release Earnings on Wednesday

AerSale (NASDAQ:ASLE) will issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

AerSale (NASDAQ:ASLE) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.48). AerSale had a negative net margin of 1.66% and a negative return on equity of 1.82%. The business had revenue of $94.42 million during the quarter, compared to analyst estimates of $158.30 million. On average, analysts expect AerSale to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

AerSale Stock Performance

ASLE opened at $7.46 on Monday. The company has a fifty day moving average price of $7.44 and a two-hundred day moving average price of $10.71. The company has a quick ratio of 1.90, a current ratio of 5.79 and a debt-to-equity ratio of 0.02. AerSale has a 52 week low of $6.26 and a 52 week high of $16.98.

Insider Buying and Selling at AerSale

In related news, insider Nicolas Finazzo bought 35,277 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was bought at an average cost of $7.52 per share, for a total transaction of $265,283.04. Following the transaction, the insider now owns 4,392,204 shares of the company’s stock, valued at $33,029,374.08. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last quarter, insiders have purchased 48,077 shares of company stock valued at $352,363. 37.30% of the stock is currently owned by company insiders.

AerSale Company Profile

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).