AerSale reports Q3 adjusted EPS 3c, consensus 21c

Reports Q3 revenue $92.5M, consensus $114.49M. Nicolas Finazzo, AerSale’s Chief Executive Officer, commented, “Our third quarter results benefited from better volume, which was driven by greater flight equipment sales. While flight equipment sales for the quarter were below our internal projections, they were notably higher compared to the year-ago period. Outside of flight equipment sales which tend to fluctuate significantly from quarter to quarter, our core business remained strong with increasing demand for, and increased availability of, used serviceable material (“USM”).”