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AIR News and Press, AAR Corp. From 09/23/22

Stock Information

Company Name: AAR Corp.
Stock Symbol: AIR
Market: NYSE
Website: aarcorp.com

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AIR - AAR stock slumps 9% as FQ1 sales hit by dried up Afghanistan contracts

AAR ( NYSE: AIR ) stock fell ~9% on Sept. 23 after the company's mixed FQ1 results . FQ1 adjusted EPS rose +17.31% to $0.61, surpassing analysts estimates by $0.04. However, sales fell -1.93% Y/Y to $446.3M, and failed to beat estimates. The aero-defense...

AIR - AAR Corp. (AIR) Q1 2023 Earnings Call Transcript

AAR Corp. (AIR) Q1 2023 Earnings Conference Call September 22, 2022, 4:45 PM ET Company Participants John Holmes - President and CEO Sean Gillen - Chief Financial Officer Conference Call Participants Mike Ciarmoli - Truist Josh Sullivan - Benchmark Co...

AIR - Aar AIR Trading Signals

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

AIR - AAR Non-GAAP EPS of $0.61 beats by $0.04, revenue of $446.3M misses by $8.8M

AAR press release ( NYSE: AIR ): Q1 Non-GAAP EPS of $0.61 beats by $0.04 . Revenue of $446.3M (-1.9% Y/Y) misses by $8.8M . Adjusted gross profit margin increased from 16.1% to 18.1%, primarily due to the favorable impact from our actions to reduce costs and im...

AIR - AAR reports first quarter fiscal year 2023 results

First quarter sales of $446 million, compared to $455 million in Q1 FY2022 First quarter GAAP diluted earnings per share from continuing operations of $0.62, compared to $0.31 in Q1 FY2022 Adjusted diluted earnings per share from continuing operations of $0.61, up 17% from $0.52...

AIR - AAR FQ1 2023 Earnings Preview

AAR ( NYSE: AIR ) is scheduled to announce FQ1 earnings results on Thursday, September 22nd, after market close. The consensus EPS Estimate is $0.59 (+13.5% Y/Y) and the consensus Revenue Estimate is $455.1M (flat Y/Y). Over the last 2 years, AIR has beaten EPS estim...

AIR - AAR Corp.: Financial Turnaround Is Coming

Summary The company's earnings were affected by Covid-19 in FY2021 because of its dependency on a commercial aviation market customer. The company has signed a two-year contract with the Norwegian Defence Logistics Organization to offer the Royal Norwegian Air Force P-8A aircraft ...

AIR - AAR to announce first quarter fiscal year 2023 results on September 22, 2022

Wood Dale, Illinois, Sept. 08, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its first quarter of fiscal year 2023, ended August 31, 2...

AIR - Outperforming the Market by 21% to 31% in 2022, These 3 Stocks Still Look Like a Good Value

Despite the market declines, it's been an excellent year for stocks with exposure to commercial aviation, and the theme remains an attractive one in which to invest. Although Raytheon Technologies (NYSE: RTX) , AAR Corp (NYSE: AIR) , and Hexcel (NYSE: HXL) are vastly...

AIR - Air Canada employee-count nears pre-pandemic levels

Air Canada ( OTCQX:ACDVF ) says it is nearing pre-pandemic levels of employment as it seeks to increase capacity and reduce delays. “Air Canada has been prudently restoring its schedule as it recovers from the effects of COVID-19 and this summer it plans to operat...

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