AAR (AIR) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - AAR reported revenue of $656.5 million for the quarter ended May 2024, reflecting an 18.7% increase year-over-year, while EPS was $0.88 compared to $0.83 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $660.12 million by 0.55%, but the EPS exceeded the consensus estimate of $0.86 by 2.33% [1] Financial Performance Metrics - Net Sales for Expeditionary Services were $16.30 million, significantly below the estimated $19.40 million, marking a 30.3% decline year-over-year [2] - Operating income for Parts Supply was $35.20 million, surpassing the estimated $33.60 million [2] - Operating income for Repair & Engineering was $20.60 million, below the average estimate of $24.90 million [2] - Corporate and other segments reported an operating income of -$24.80 million, worse than the estimated -$11 million [2] - Operating income for Expeditionary Services was $0.40 million, compared to the average estimate of $1.25 million [2] - Integrated Solutions reported an operating income of $1.20 million, significantly lower than the estimated $9.20 million [2] Stock Performance - AAR shares have returned +5% over the past month, outperforming the Zacks S&P 500 composite, which increased by +2.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]