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AAR Corp. (AIR) Tops Q1 EPS by 2c

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AAR Reports First Quarter 2019 Results

September 25, 2018 4:01 PM EDT

WOOD DALE, Ill., Sept. 25, 2018 /PRNewswire/ -- AAR CORP. (NYSE: AIR) today reported first quarter Fiscal Year 2019 consolidated sales of $466.3 million and income from continuing operations of $18.9 million, or $0.54 per diluted share.  For the first quarter of the prior year, the Company reported sales of $397.9 million and income from continuing operations of $11.0 million, or $0.32 per diluted share.  Our adjusted diluted earnings per share from continuing operations were $0.54 in the current quarter compared to $0.33 in the first quarter of the prior year. 

Consolidated sales increased $68.4 million or 17.2% over the prior year period... More