Aerospace and defense company AerSale (NASDAQ:ASLE) will be reporting earnings tomorrow after the bell. Here’s what investors should know.

AerSale missed analysts’ revenue expectations by 12.7% last quarter, reporting revenues of $77.1 million, up 11.2% year on year. It was a disappointing quarter for the company, with a miss of analysts’ operating margin estimates.

Is AerSale a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting AerSale’s revenue to be flat year on year at $93 million, slowing from the 81.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.05 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at AerSale’s peers in the aerospace segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Curtiss-Wright delivered year-on-year revenue growth of 10.3%, beating analysts’ expectations by 5.4%, and AAR reported revenues up 20.4%, topping estimates by 2.3%. Curtiss-Wright traded down 2.3% following the results while AAR was also down 4.4%.

Read our full analysis of Curtiss-Wright’s results here and AAR’s results here.

There has been positive sentiment among investors in the aerospace segment, with share prices up 2.7% on average over the last month. AerSale is up 22.7% during the same time and is heading into earnings with an average analyst price target of $7.67 (compared to the current share price of $5.99).

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