AAR Corp reports results for the quarter ended November 30 - Earnings Summary

• AAR Corp AIR.N reported quarterly adjusted earnings of 90 cents​​ per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of 81 cents. The mean expectation of five analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 81 cents to 90 cents per share.

• Revenue rose 25.8% to $686.10 million from a year ago; analysts expected $654.18 million.

• AAR Corp's reported EPS for the quarter was a loss of 87 cents​.

• The company reported a quarterly loss of $30.6 million.

• AAR Corp shares had risen by 1.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for AAR Corp is $79.00

This summary was machine generated from LSEG data January 7 at 11:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)