AAR Corp. (AIR) Tops Q2 EPS by 2c, Revenues Miss
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December 18, 2018 4:01 PM EST
WOOD DALE, Ill., Dec. 18, 2018 /PRNewswire/ -- AAR CORP. (NYSE: AIR) today reported second quarter fiscal year 2019 consolidated sales of $493.3 million and income from continuing operations of $11.2 million, or $0.32 per diluted share. Second quarter results included a non-cash pre-tax charge of $12.4 million, or $0.27 per diluted share, driven by a European airline customer bankruptcy.  For the second quarter of the prior year, the Company reported sales of $420.6 million and income from continuing operations of $13.2 million, or $0.38 per diluted share. Our adjusted diluted earnings per share from continuing operations increased 51% from $0.39 last year to $0.59 in the... More
