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• AerSale Corp ASLE.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of four analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 1 cents to 8 cents per share.

• Revenue rose 15.7% to $90.54 million from a year ago; analysts expected $85.42 million.

• AerSale Corp's reported EPS for the quarter was 12 cents​.

• The company reported quarterly income of $6.28 million.

• AerSale Corp shares had risen by 5.2% this quarter and lost 40.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 73.4% in the last three months.​

• In the last 30 days, one analyst revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for AerSale Corp is $11.00

This summary was machine generated from LSEG data May 9 at 11:09 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)