AAR Q1 Adj. EPS $0.78 Beats $0.73 Estimate, Sales $550.00M Beat $505.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
AAR (NYSE:AIR) reported Q1 earnings of $0.78 per share, beating the analyst consensus estimate of $0.73 by 6.85%. This is a 27.87% increase from the same period last year. The company also reported quarterly sales of $550.00 million, beating the analyst consensus estimate of $505.78 million by 8.74%. This is a 23.24% increase from the same period last year.
September 26, 2023 | 8:06 pm
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POSITIVE IMPACT
AAR's Q1 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 in the short term.
AAR's earnings and sales for Q1 have exceeded analyst estimates, which is typically a positive signal for investors. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100