AAR: Fiscal Q2 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

WOOD DALE, Ill. (AP) — WOOD DALE, Ill. (AP) — AAR Corp. (AIR) on Tuesday reported a fiscal second-quarter loss of $30.6 million, after reporting a profit in the same period a year earlier.

The Wood Dale, Illinois-based company said it had a loss of 87 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share.

The airplane maintenance company posted revenue of $686.1 million in the period.

AAR shares have increased slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.40, a climb of slightly more than 4% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIR at https://www.zacks.com/ap/AIR

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Charlie Kirk Show
    12:00PM - 2:00PM
     
    Speaking the language of our nation’s young people.
     
  • The Scott Jennings Show
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     
  • The Hugh Hewitt Show
    3:00PM - 4:00PM
     
    Hugh Hewitt is one of the nation’s leading bloggers and a genuine media   >>
     
  • SEKULOW
    4:00PM - 5:00PM
     
    Listeners make an appointment to never miss the Jay Sekulow show, always with   >>
     
  • Cats and Cosby
    5:00PM - 6:00PM
     
    John Catsimatidis, Successful businessman and former NYC Mayoral candidate and   >>
     

See the Full Program Guide