AAR Corp (AIR) witnessed a remarkable 6.04% surge in its stock price during the pre-market session on Wednesday. This significant upswing can be attributed to the company's impressive second-quarter fiscal 2025 results and an optimistic outlook for the remainder of the year.
AAR Corp reported record revenue of $686 million for the quarter, reflecting a robust 26% year-over-year increase. The company's adjusted earnings per share (EPS) also reached a new high of $0.90, surpassing the prior year's figure by 11%. This stellar performance was driven by strong demand across both commercial and government segments, bolstered by elevated levels of consumer air travel and an aging fleet.
Looking ahead, AAR Corp expressed confidence in sustaining its growth trajectory, underpinned by a solid backlog of orders, strategic acquisitions, and operational enhancements. The company's focus on expanding its aftermarket services, realizing acquisition synergies, and optimizing its portfolio positions it well for further margin expansion and profitability improvements.
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