AAR Corp. (AIR) Tops Q2 EPS by 4c, Revenues Miss; Raises FY20 EPS/Revenue Mid-Point Guidance
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AAR Reports Second Quarter Fiscal Year 2020 Results
December 19, 2019 4:02 PM ESTWOOD DALE, Ill., Dec. 19, 2019 /PRNewswire/ -- AAR CORP. (NYSE: AIR) today reported second quarter Fiscal Year 2020 consolidated sales of $560.9 million and income from continuing operations of $20.1 million, or $0.57 per diluted share. For the second quarter of the prior year, the Company reported sales of $493.3 million and income from continuing operations of $11.2 million, or $0.32 per diluted share. Our adjusted diluted earnings per share from continuing operations were $0.64 in the current quarter compared to $0.60 in the second quarter of the prior year.Â
Consolidated sales increased 14% over the prior year period due to continued... More
