AAR Corp. (AIR) Tops Q3 EPS by 5c

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AAR Reports Third Quarter Fiscal Year 2016 Results

March 22, 2016 4:05 PM EDT

WOOD DALE, Ill., March 22, 2016 /PRNewswire/ -- AAR CORP. (NYSE: AIR) today reported third quarter fiscal year 2016 consolidated sales of $402.8 million and income from continuing operations of $10.7 million, or $0.31 per diluted share.  Third quarter results from continuing operations include an approximate $1.6 million, or $0.05 per diluted share, reduction in income tax expense.  For the third quarter of the prior fiscal year, the Company reported sales of $380.1 million and income from continuing operations of $1.9 million, or $0.05 per diluted share.  

"Our Aviation Services segment delivered strong results once again as sales in the third... More