AAR (NYSE:AIR) announced its quarterly earnings results on Thursday. The aerospace company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.02), Briefing.com reports. AAR had a net margin of 3.20% and a return on equity of 5.66%. The firm had revenue of $449.70 million during the quarter, compared to analyst estimates of $450.56 million. During the same period last year, the firm earned $0.35 EPS. AAR’s quarterly revenue was up 6.1% on a year-over-year basis.
AAR (NYSE:AIR) opened at $43.95 on Friday. The firm has a market cap of $1,489.79, a price-to-earnings ratio of 29.07 and a beta of 1.34. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.90 and a quick ratio of 1.38. AAR has a one year low of $31.20 and a one year high of $44.04.
In other AAR news, Director Ronald R. Fogleman sold 3,000 shares of the business’s stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $33.47, for a total transaction of $100,410.00. Following the sale, the director now directly owns 23,406 shares of the company’s stock, valued at approximately $783,398.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 9.33% of the stock is currently owned by corporate insiders.
AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities.
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