AerSale Q4 2023 Adj EPS $(0.020) Misses $0.450 Estimate, Sales $94.422M Miss $156.368M Estimate
Portfolio Pulse from Benzinga Newsdesk
AerSale (NASDAQ:ASLE) reported Q4 2023 adjusted EPS of $(0.020), missing the $0.450 estimate, and sales of $94.422M, missing the $156.368M estimate. This represents a significant decrease in earnings and a slight decrease in sales compared to the same period last year.
March 07, 2024 | 9:50 pm
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NEGATIVE IMPACT
AerSale's Q4 2023 earnings and sales significantly missed analyst estimates, indicating potential challenges ahead.
AerSale's significant miss on both earnings per share and sales estimates for Q4 2023 suggests underlying challenges in the business or market conditions. Such misses typically lead to negative investor sentiment in the short term, potentially causing a decrease in stock price as the market adjusts to the new information.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100