AAR Q4 Adj EPS $0.83 Beats $0.77 Estimate, Sales $553.30M Beat $529.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
AAR (NYSE:AIR) reported Q4 adjusted earnings of $0.83 per share, beating the analyst consensus estimate of $0.77 by 7.79%. This is a 15.28% increase over earnings of $0.72 per share from the same period last year. The company also reported quarterly sales of $553.30 million, beating the analyst consensus estimate of $529.17 million by 4.56%. This is a 16.22% increase over sales of $476.10 million the same period last year.
July 18, 2023 | 8:06 pm
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POSITIVE IMPACT
AAR's Q4 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
AAR's better-than-expected Q4 earnings and sales suggest a strong financial performance. This could make the company's stock more attractive to investors, potentially leading to an increase in the stock price.
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