AerSale reports Q4 EPS 5c, two estimates 9c

Reports Q4 revenue $94.7M, two estimates $91.62M. Nick Finazzo, Chief Executive Officer at AerSale (ASLE), stated, “We concluded the year on a positive note, marked by significant growth across our business sectors despite a decrease in whole asset sales compared to the previous year. When excluding whole assets, which can fluctuate from quarter to quarter, our revenue for the fourth quarter of 2024 increased by over 35% compared to the same period last year. This growth was primarily driven by a 92% rise in asset management revenue. These results highlight the success of the strategic initiatives we outlined earlier in the year, with higher leasing, used serviceable material (“USM”), and MRO revenue all contributing to sustained long-term sales growth.”