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Market Impact: 0.35

AAR Swings To Profit In Q3

AIR
Corporate EarningsCompany Fundamentals

AAR Corp reported Q3 net income of $68.0M, or $1.71 EPS, swinging from a net loss of $8.9M, or ($0.25) a year earlier — an improvement of $76.9M in net income and $1.96 in EPS. The result signals a meaningful turnaround in profitability for the quarter; no revenue or guidance details provided in the release.

Analysis

AAR Corp reported Q3 net income of $68.0M, or $1.71 EPS, swinging from a net loss of $8.9M, or ($0.25) a year earlier — an improvement of $76.9M in net income and $1.96 in EPS. The result signals a meaningful turnaround in profitability for the quarter; no revenue or guidance details provided in the release.

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