AAR: Fiscal Second Quarter Earnings Overview
AAR Corp. Reports Strong Second Quarter Results
AAR Corp., headquartered in Wood Dale, Illinois, announced a net profit of $34.6 million for its fiscal second quarter, reversing a loss from the same quarter last year.
The company reported earnings of $0.90 per share, with adjusted earnings—excluding special items—reaching $1.18 per share.
During this quarter, the aircraft maintenance provider generated $795.3 million in revenue.
Since the start of the year, AAR's stock price has risen by 8%. By the close of trading on Tuesday, shares stood at $89.49, marking a 44% increase over the past year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Piper Sandler Lifts Chord Energy (CHRD) Target as War Risk Clouds Global Oil Supply

Blackstone (BX) Coverage Reinstated by Barclays with $126 Price Target

Scotiabank Cuts Essex Property Trust (ESS) Target, Says Multifamily Recovery Still Uneven

There Appears To Be No Ceiling For The Ongoing Surge In Oil Prices

