AAR Q1 Earnings Surpass Estimates, Sales Increase Year Over Year
AIRAAR(AIR) ZACKS·2024-09-25 21:46

AAR Corp. (AIR) reported first-quarter fiscal 2025 adjusted earnings of 85 cents per share, which surpassed the Zacks Consensus Estimate of 82 cents by 3.7%. The bottom line improved 9% from the year-ago quarter’s level.The company reported GAAP earnings per share (EPS) of 50 cents against a loss of 2 cents in the prior-year quarter.The year-over-year improvement in the bottom line can be attributed to improved sales growth as well as operating income.Total SalesIn the quarter under review, AAR generated ne ...