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

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AAR Reports Fourth Quarter & Fiscal Year 2020 Results

July 21, 2020 4:06 PM EDT

Fourth quarter sales of $416.5 million, down 26% from $562.7 million in Q4 FY2019 reflecting the impact of COVID-19Full year sales of $2.07 billion, up 1% from $2.05 billion in FY2019Fourth quarter GAAP and adjusted diluted earnings (loss) per share from continuing operations of $(0.43) and $0.26, respectivelyExecuted multiple actions to align costs with demand and position the company for the future

WOOD DALE, Ill., July 21, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported fourth quarter Fiscal Year 2020 consolidated sales of $416.5 million and a loss from continuing operations of $15.0 million, or $0.43... More