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AAR Corp. (AIR) Tops Q2 EPS by 4c, Revenues Miss; Raises FY20 EPS/Revenue Mid-Point Guidance

December 19, 2019 4:05 PM EST

AAR Corp. (NYSE: AIR) reported Q2 EPS of $0.64, $0.04 better than the analyst estimate of $0.60. Revenue for the quarter came in at $493.1 million versus the consensus estimate of $525.21 million.

"This is our sixth consecutive quarter of double-digit sales growth. Revenue in our parts supply and government programs activities remains very strong and we continue to see meaningful recovery in MRO as a result of our labor initiatives. Our focus on... More