AAR Announces Close of Sale of Telair Cargo Group

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AAR Corp. (AIR) Posts Q3 EPS of 5c

March 30, 2015 8:58 AM EDT

AAR Corp. (NYSE: AIR) reported Q3 EPS of $0.05, $0.40 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $380.1 million versus the consensus estimate of $509.79 million.

Third quarter results included a $46.4 million pre-tax impairment charge for the write down of the Precision... More