Why AerSale Stock Is Volatile Today [Yahoo! Finance]
AerSale Corporation (ASLE)
Company Research
Source: Yahoo! Finance
Shares of AerSale initially traded up 25% post-earnings before falling back to up 8% as of 2 p.m. ET Thursday. Strong core sales, but still waiting on AerAware AerSale's core business is maintaining and selling used airplanes, engines, and aerospace parts. The company earned $0.11 per share in the quarter on sales of $90.5 million, beating Wall Street's estimate of $0.04 per share in profit on revenue of $85 million, thanks to strong demand from airlines trying to get more use of their existing fleets. Revenue was up 15% year over year, and generally accepted accounting principles (GAAP) net income grew to $6.3 million from $5,000 in the prior-year period. "We are off to a good start in the first quarter of 2024, underscored by higher feedstock purchases in 2023 that drove a greater level of sales," CEO Nicolas Finazzo said. "Our [maintenance, repair, and operations] facilities are benefiting from robust demand as airlines are operating at elevated capacity levels." But the
Show less
Read more
Impact Snapshot
Event Time:
ASLE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASLE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASLE alerts
High impacting AerSale Corporation news events
Weekly update
A roundup of the hottest topics
ASLE
News
- AerSale Corporation (NASDAQ:ASLE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- AerSale Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- AerSale Reports First Quarter 2024 ResultsBusiness Wire
- Earnings Preview: AerSale Corporation (ASLE) Q1 Earnings Expected to Decline [Yahoo! Finance]Yahoo! Finance
- AerSale Stock: My Worst Investment Call Ever, But I'm Sticking With It [Seeking Alpha]Seeking Alpha
ASLE
Earnings
- 5/8/24 - Beat
ASLE
Sec Filings
- 5/21/24 - Form 4
- 5/21/24 - Form 4
- 5/9/24 - Form 10-Q
- ASLE's page on the SEC website