Southeast Asia budget airline boom turns sour for planemakers, lessors

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AAR Corp. (AIR) Tops Q4 EPS by 49c, Revenues Beat

July 21, 2020 4:06 PM EDT

AAR Corp. (NYSE: AIR) reported Q4 EPS of $0.26, $0.49 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $416.6 million versus the consensus estimate of $351.85 million.

Fourth quarter sales of $416.5 million, down 26% from $562.7 million in Q4 FY2019 reflecting the... More