AAR (AIR) Scheduled to Post Earnings on Monday

AAR (NYSE:AIR - Get Free Report) is set to issue its quarterly earnings data after the market closes on Monday, September 23rd. Analysts expect the company to announce earnings of $0.87 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

AAR (NYSE:AIR - Get Free Report) last released its quarterly earnings results on Thursday, July 18th. The aerospace company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.02. The business had revenue of $656.50 million during the quarter, compared to analysts' expectations of $660.05 million. AAR had a return on equity of 10.16% and a net margin of 2.00%. The company's revenue was up 18.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 EPS. On average, analysts expect AAR to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

AAR Trading Down 0.6 %

AIR traded down $0.38 on Monday, hitting $67.26. The company had a trading volume of 206,830 shares, compared to its average volume of 299,560. AAR has a 1 year low of $54.71 and a 1 year high of $76.34. The firm has a market cap of $2.41 billion, a P/E ratio of 39.79 and a beta of 1.55. The company's fifty day moving average price is $65.58 and its 200 day moving average price is $66.51. The company has a current ratio of 2.98, a quick ratio of 1.41 and a debt-to-equity ratio of 0.83.

Analyst Ratings Changes

A number of research firms recently weighed in on AIR. Stifel Nicolaus lowered their price objective on shares of AAR from $86.00 to $85.00 and set a "buy" rating for the company in a research report on Friday, July 19th. Royal Bank of Canada lifted their price objective on AAR from $80.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, July 19th. Finally, StockNews.com lowered AAR from a "hold" rating to a "sell" rating in a research note on Wednesday, September 11th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $83.50.

About AAR

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes.