Quantcast

AAR Corp Q4 adjusted earnings Beat Estimates


Shutterstock photo


(RTTNews.com) - AAR Corp ( AIR ) revealed a profit for fourth quarter that declined from the same period last year.

The company's profit totaled $12.0 million, or $0.34 per share. This compares with $21.2 million, or $0.62 per share, in last year's fourth quarter.

Excluding items, AAR Corp reported adjusted earnings of $18.8 million or $0.54 per share for the period.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.1% to $473.5 million from $450.5 million last year.

AAR Corp earnings at a glance:


-Earnings (Q4): $18.8 Mln. vs. $16.4 Mln. last year.
-EPS (Q4): $0.54 vs. $0.49 last year.
-Analysts Estimate: $0.51
-Revenue (Q4): $473.5 Mln vs. $450.5 Mln last year.


For comments and feedback: contact editorial@rttnews.com

http://www.rttnews.com




This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: AIR ,


More from RTT News

Subscribe






See All RTT news









Research Brokers before you trade

Want to trade FX?