AAR: Fiscal Q3 Earnings Snapshot
By AP News
Published - Mar 21, 2024, 04:30 PM ET
Last Updated - Mar 21, 2024, 04:30 PM EDT
WOOD DALE, Ill. (AP) — WOOD DALE, Ill. (AP) — AAR Corp. (AIR) on Thursday reported fiscal third-quarter net income of $14 million.
The Wood Dale, Illinois-based company said it had net income of 39 cents per share. Earnings, adjusted for non-recurring costs, were 85 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share.
The airplane maintenance company posted revenue of $567.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $567.6 million.
