AAR (NYSE:AIR) will be posting its quarterly earnings results after the market closes on Tuesday, March 20th. Analysts expect AAR to post earnings of $0.48 per share for the quarter.
AAR (NYSE:AIR) last announced its quarterly earnings results on Thursday, December 21st. The aerospace company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.02). The company had revenue of $449.70 million for the quarter, compared to analyst estimates of $450.56 million. AAR had a return on equity of 5.61% and a net margin of 1.25%. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company posted $0.35 earnings per share. On average, analysts expect AAR to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
AAR (NYSE:AIR) opened at $44.88 on Tuesday. The stock has a market cap of $1,550.00, a price-to-earnings ratio of 97.57 and a beta of 1.26. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.23 and a current ratio of 2.65. AAR has a 1-year low of $31.97 and a 1-year high of $45.49.
In other AAR news, CEO David P. Storch sold 126,679 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $41.53, for a total transaction of $5,260,978.87. Following the sale, the chief executive officer now owns 759,639 shares of the company’s stock, valued at $31,547,807.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ronald R. Fogleman sold 3,000 shares of the company’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $33.47, for a total transaction of $100,410.00. Following the sale, the director now directly owns 23,406 shares in the company, valued at approximately $783,398.82. The disclosure for this sale can be found here. Corporate insiders own 9.33% of the company’s stock.
AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities.
Receive News & Ratings for AAR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAR and related companies with MarketBeat.com's FREE daily email newsletter.