AAR Corp. (AIR) Tops Q4 EPS by 1c
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AAR Reports Fourth Quarter And Fiscal Year 2017 Results
July 11, 2017 4:02 PM EDTWOOD DALE, Ill., July 11, 2017 /PRNewswire/ -- AAR CORP. (NYSE: AIR) today reported fourth quarter Fiscal Year 2017 consolidated sales of $492.3 million and income from continuing operations of $15.1 million, or $0.44 per diluted share. Fourth quarter results from continuing operations included a $2.2 million, or $0.06 per diluted share, reduction in income tax expense related to the recognition of previously reserved income tax benefits.  Fourth quarter results also included approximately $4.1 million of expenses related to significantly higher legal and other costs associated with defending the INL/A contract award, personnel-related costs, and other strategic... More
