Loading...
•
Feb 29, 2020
AAR Corp Q3 2020 Earnings Report
AAR Corp reported record results during the third quarter of fiscal year 2020.
Key Takeaways
AAR Corp's third quarter Fiscal Year 2020 shows consolidated sales of $553.1 million and income from continuing operations of $2.6 million, or $0.07 per diluted share. The quarter included a $24.7 million pretax charge. Adjusted diluted earnings per share from continuing operations were $0.67, compared to $0.62 in the prior year. Consolidated sales increased 4% due to growth in the Aviation Services segment.
Consolidated sales increased 4% over the prior year period.
Aviation Services segment experienced sales growth of 7%.
Sales to government and defense customers represented 35% of consolidated sales.
The company withdrew its guidance for the balance of the year due to COVID-19 uncertainty.
Revenue by Geographic Location
Forward Guidance
Given the current macro uncertainty from the impact of COVID-19, the company withdrew its guidance for the balance of the year.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...