AerSale Q1 2024 Adj EPS $0.11 Beats $0.04 Estimate, Sales $90.540M Beat $85.424M Estimate
Portfolio Pulse from Benzinga Newsdesk
AerSale (NASDAQ:ASLE) reported Q1 2024 adjusted EPS of $0.11, surpassing the $0.04 estimate, with sales of $90.540M exceeding the $85.424M forecast. This represents a 15.68% increase in sales compared to the same period last year.
May 08, 2024 | 9:23 pm
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AerSale's Q1 2024 earnings and sales exceeded analyst expectations, with a significant year-over-year sales increase.
Beating both EPS and sales estimates significantly, especially with a substantial year-over-year sales growth, typically leads to positive investor sentiment and could boost the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100