AAR Corp. (AIR) Tops Q2 EPS by 1c

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AAR Reports Second Quarter Fiscal Year 2016 Results

December 17, 2015 4:05 PM EST

WOOD DALE, Ill., Dec. 17, 2015 /PRNewswire/ -- AAR (NYSE: AIR) today reported second quarter fiscal year 2016 consolidated sales of $423.8 million and income from continuing operations of $10.4 million, or $0.30 per diluted share.  For the second quarter of the prior fiscal year, the Company reported sales of $403.3 million and income from continuing operations of $13.9 million, or $0.35 per diluted share.  

"Sales in the Aviation Services segment increased 10.3% to $359.6 million in the second quarter as we captured market share and delivered on our industry-leading supply chain and MRO service platforms.  We expect continued... More