01:38 PM EST, 03/08/2024 (MT Newswires) -- AerSale ( ASLE ) shares dropped more than 28% in recent Friday trading, a day after the company reported its Q4 results.

The company reported a Q4 adjusted loss late Thursday of $0.02 per diluted share, compared with earnings of $0.23 a year earlier.

Four analysts surveyed by Capital IQ expected an EPS of $0.45.

Revenue for the quarter ended Dec. 31 was $94.4 million, down from $95.1 million a year earlier.

Four analysts surveyed by Capital IQ expected $158.2 million.

Price: 6.76, Change: -2.64, Percent Change: -28.14