AAR(AIR)
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AAR (AIR) Q4 Earnings Top Estimates
ZACKS· 2024-07-19 06:20
AAR (AIR) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.33%. A quarter ago, it was expected that this airplane maintenance company would post earnings of $0.84 per share when it actually produced earnings of $0.85, delivering a surprise of 1.19%.Over the last four quarters, the co ...
AAR(AIR) - 2024 Q4 - Annual Report
2024-07-19 05:43
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended May 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 1-6263 AAR CORP. (Exact name of registrant as specified in its charter) Delaware 36-2334820 (State or other jurisdiction of ...
AAR(AIR) - 2024 Q4 - Annual Results
2024-07-19 04:41
Exhibit 99.1 1 AAR reports record fourth quarter and fiscal year 2024 results · Record fourth quarter sales of $657 million, up 19% over the prior year · Fourth quarter GAAP diluted earnings per share from continuing operations of $0.26, compared to $0.66 in Q4 FY2023 · Record fourth quarter adjusted diluted earnings per share from continuing operations of $0.88, up 6% from $0.83 in Q4 FY2023 · Fourth quarter cash flow provided by operating activities from continuing operations of $25 million · Record full ...
AAR reports record fourth quarter and fiscal year 2024 results
Prnewswire· 2024-07-19 04:05
Record fourth quarter sales of $657 million, up 19% over the prior yearFourth quarter GAAP diluted earnings per share from continuing operations of $0.26, compared to $0.66 in Q4 FY2023Record fourth quarter adjusted diluted earnings per share from continuing operations of $0.88, up 6% from $0.83 in Q4 FY2023Fourth quarter cash flow provided by operating activities from continuing operations of $25 millionRecord full year sales of $2.3 billion, up 17% over the prior yearFull year GAAP diluted earnings per sh ...
HONEYWELL TO ACQUIRE AIR PRODUCTS' LIQUEFIED NATURAL GAS PROCESS TECHNOLOGY AND EQUIPMENT BUSINESS TO EXPAND ENERGY TRANSITION SOLUTIONS AND SERVICES
Prnewswire· 2024-07-10 19:00
Acquisition will build on Honeywell's energy transition capabilities by creating an end-to-end offering for customers worldwideThe combination will create new opportunities for diversified growth and innovation in aftermarket services and software Transaction is expected to be immediately accretive to Honeywell's sales growth and segment margin while also accretive to adjusted EPS in the first full year of ownershipAir Products to continue its focus on its industrial gas business and related technology and ...
AAR to announce fourth quarter fiscal year 2024 results on July 18, 2024
Prnewswire· 2024-07-03 04:05
WOOD DALE, Ill., July 2, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2024, ended May 31, 2024, after the close of the New York Stock Exchange trading session on Thursday, July 18, 2024.On Thursday, July 18, 2024, at 4:00 p.m. Central time, AAR will hold a conference call to discuss the results. A listen-only webcast and s ...
AAR named among America's Greatest Workplaces 2024 by Newsweek
Prnewswire· 2024-06-28 04:05
This award recognizes AAR's impact and commitment to delivering employee satisfaction through the Company's people-oriented culture, competitive compensation, and career development opportunities.WOOD DALE, Ill., June 27, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has been recognized as one of America's Greatest Workplaces for 2024 by Newsweek and Plant-A Insights Group.Newsweek and Plant ...
AAR (AIR), OTTO Extend Partnership in Electronics Distribution
ZACKS· 2024-06-18 23:36
AAR Corp. (AIR) recently enhanced its electronics distribution partnership with OTTO Engineering Inc. (OTTO) through a territorial extension agreement. This expansion will now enable AAR to bolster the availability of its electromechanical product in the Asia-Pacific (“APAC”) region.Per the terms of the contract, AAR will supply the defense and commercial industries with OTTO's full range of electromechanical switches, grips and joysticks. With this arrangement, AAR can provide a wider selection of products ...
JOHNSON CONTROLS TO SELL AIR DISTRIBUTION TECHNOLOGIES BUSINESS TO TRUELINK CAPITAL
Prnewswire· 2024-06-18 20:00
Transaction reinforces Johnson Controls commitment to simplifying and standardizing portfolio as a comprehensive solutions provider for commercial buildingsMILWAUKEE, June 18, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced it has reached a definitive agreement to sell its Air Distribution Technologies business to Truelink Capital, a middle-market private equity firm based in Los Angeles."The sale of our Air Distribution Techno ...
AAR expands electronics distribution relationship with OTTO Engineering, Inc.
Prnewswire· 2024-06-13 20:30
WOOD DALE, Ill., June 13, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a territory expansion agreement that expands its Americas-based electronics distribution relationship with OTTO Engineering, Inc. (OTTO) into the APAC region. Under the agreement, AAR will distribute OTTO's extensive line of electromechanical switches, grips, and joysticks to the commercial and defense markets. The agreement leverage ...