AAR Corp. (AIR) Tops Q1 EPS by 5c, Reaffirms Outlook

AAR Reports First Quarter 2020 Results

WOOD DALE, Ill., Sept. 25, 2019 /PRNewswire/ -- AAR CORP. (NYSE: AIR) today reported first quarter Fiscal Year 2020 consolidated sales of $541.5 million and income from continuing operations of $17.1 million, or $0.49 per diluted share.  For the first quarter of the prior year, the Company reported sales of $466.3 million and income from continuing operations of $18.9 million, or $0.54 per diluted share.  Our adjusted diluted earnings per share from continuing operations were $0.57 in the current quarter compared to $0.54 in the first quarter of the prior year. 

Consolidated sales increased 16% over the prior year period from continued... More