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AAR: Fiscal Q4 Earnings Snapshot
By AP News - Jul 18, 2023, 04:26 PM ET
Last Updated - Jul 18, 2023, 04:26 PM EDT
WOOD DALE, Ill. (AP) — WOOD DALE, Ill. (AP) — AAR Corp. (AIR) on Tuesday reported fiscal fourth-quarter profit of $23.2 million.
On a per-share basis, the Wood Dale, Illinois-based company said it had net income of 66 cents. Earnings, adjusted for non-recurring costs, came to 83 cents per share.
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The airplane maintenance company posted revenue of $553.3 million in the period.
For the year, the company reported profit of $90.2 million, or $2.53 per share. Revenue was reported as $1.99 billion.
AAR shares have risen 33% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $59.82, an increase of 43% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a AIR">Zacks stock report on AIR at https://www.zacks.com/ap/AIR
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