Shares of AAR (NYSE:AIR) moved higher by 4.33% after the company reported Q4 results.
Earnings per share fell 59.38% over the past year to $0.26, which beat the estimate of ($0.22).
Revenue of $416,500,000 decreased by 25.98% from the same period last year, which beat the estimate of $359,030,000.
Earnings guidance hasn't been issued by the company for now.
AAR hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Jul 21, 2020
Time: 04:45 PM
52-week high: $52.78
52-week low: $8.56
Price action over last quarter: Up 16.73%
AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.
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