Airbus hit with criminal probe over UK export rules
Airbus Group (EPA:AIR) is facing a criminal investigation over a potential breach of export control rules in the UK. According to the France-based company's interim results on Tuesday, Airbus was cooperating with the UK's Revenue and Customs Authority over the possible breach.
AAR Corp.: Record Quarter Boosted By New Parts Distribution And Triumph Acquisition
AAR Corp. reports strong year-over-year top line growth in FY2024, with consolidated sales increasing to $2.318 billion. Additionally, its adjusted margins expanded as well. Contract wins with Sumitomo Precision Products and Triumph are expected to bolster AIR's Parts Supply segment. Commercial airlines are facing challenges with a shortage of aircraft to support the increasing travel demand. Therefore, many airlines are delaying their aircraft retirements as a temporary solution.
AAR (AIR) Q4 Earnings Surpass Estimates, Sales Rise Y/Y
AAR's (AIR) fourth-quarter fiscal 2024 net sales of $656.5 million misses the Zacks Consensus Estimate by 0.6% but increases 18.7% from the year-ago quarter???s level.
AAR Corp. (AIR) Q4 2024 Earnings Call Transcript
AAR Corp. (NYSE:AIR ) Q4 2024 Earnings Conference Call July 18, 2024 5:00 PM ET Company Participants John Holmes - Chairman, President and CEO Sean Gillen - Chief Financial Officer Conference Call Participants Michael Ciarmoli - Truist Securities Bert Subin - Stifel Scott Mikus - Melius Research Louie DiPalma - William Blair Kenneth Herbert - RBC Capital Markets Operator Good afternoon, everyone, and welcome to AAR's Fiscal 2024 Fourth Quarter Earnings Call. We're joined today by John Holmes, Chairman, President, and Chief Executive Officer, and Sean Gillen, Chief Financial Officer.
AAR (AIR) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for AAR (AIR) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
AAR (AIR) Q4 Earnings Top Estimates
AAR (AIR) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.83 per share a year ago.
Tap These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratio
We have screened bargain stocks PK, KELYA, DNOW, KBH and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
Rolls-Royce and Melrose tumble as Airbus cuts forecasts
Both Rolls-Royce Holdings PLC (LSE:RR.) and Melrose Industries PLC (LSE:MRO, OTC:MLSPF) are leading the FTSE 100 fallers today, down around 4%, after its key client Airbus Group (EPA:AIR) cut profit forecasts amid a shortage of parts for its A320neo jets.
Reasons to Add AAR Corp. (AIR) Stock to Your Portfolio Now
AAR Corp. (AIR) makes a strong case for investment in the aerospace sector, given its growth prospects, low debt and expanding presence in the MRO industry.
Top 5 Aerospace Defense Equipment Stocks for Second-Half 2024
We have narrowed our search to five aerospace defense equipment stocks.These are: ESLT, ASLE, AIR, HEI, CW.
AAR (AIR), OTTO Extend Partnership in Electronics Distribution
AAR (AIR), with its extended collaboration with OTTO Engineering, is poised to keep a significant presence in APAC aircraft MRO services.
Here's Why AAR (AIR) Could be Great Choice for a Bottom Fisher
AAR (AIR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
