AAR Corp.: Leveraging Aftermarket Growth And Capacity Expansion
AAR Corp. reported robust year-over-year sales growth of 20.4% in 1Q25, driven by increased demand and volume in the commercial aerospace sector, particularly within its parts supply segment. The company is well-positioned to benefit from the recovery in air traffic and aging fleets, which are driving the demand for aftermarket services. MRO demand is expected to exceed supply by the end of the decade, providing strong growth potential for the company.
AAR Corp: Why I Believe This Aerospace Stock Can Fly Higher
Despite underperforming the S&P 500, AAR's robust aftermarket demand and capacity expansions suggest significant upside, maintaining a buy rating with an $86 FY26 price target. Sales grew 20% in Q1 FY25, driven by commercial and defense sectors, though gross profit growth was limited by contract and customer mix. Risks include operating at capacity limits and lower USM sales due to airplane shortages, but efficiency improvements and capacity expansions offer growth potential.
AAR Q1 Earnings Surpass Estimates, Sales Increase Year Over Year
AIR's fiscal first-quarter net sales of $661.7 million beat the Zacks Consensus Estimate of $646 million by 2.5% and rise 20.4% from $549.7 million recorded in the year-ago quarter.
AAR Corp. (AIR) Q1 2025 Earnings Call Transcript
AAR Corp. (NYSE:AIR ) Q1 2025 Earnings Conference Call September 23, 2024 5:00 PM ET Company Participants John Holmes - Chairman, President and CEO Sean Gillen - Chief Financial Officer Conference Call Participants Scott Mikus - Melius Research Michael Ciarmoli - Truist Securities Kenneth Herbert - RBC Capital Markets Louie DiPalma - William Blair Operator Good afternoon, everyone, and welcome to AAR's Fiscal 2025 First Quarter Earnings Call. We're joined today by John Holmes, Chairman, President, and Chief Executive Officer; and Sean Gillen, Chief Financial Officer.
AAR (AIR) Tops Q1 Earnings and Revenue Estimates
AAR (AIR) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.78 per share a year ago.
AIR COMPANY gets Avfuel, Alaska Airlines backing in funding round
Climate technology firm AIR COMPANY said it has secured backing from aviation fuel supplier Avfuel in its latest funding round as it looks to convert carbon dioxide into a range of more climate-friendly products.
AAR (AIR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rolls-Royce engines in running as Saudi eyes new cargo airline order
Saudi Arabia is reportedly looking to purchase Boeing Co (NYSE:BA, ETR:BCO) or Airbus Group (EPA:AIR) jets for a brand new cargo airline to support flag carrier Saudia and newly launched Riyadh Air. According to Bloomberg, Boeing 777s and Airbus 350s are being eyed for a potential order, leaving Rolls-Royce Holdings PLC (LSE:RR.
New Strong Sell Stocks for August 16th
AIR, AMKR and ARCB have been added to the Zacks Rank #5 (Strong Sell) List on August 16, 2024.
Rolls-Royce secures big engine order as Cathay restocks Airbus fleet
Rolls-Royce Holdings PLC (LSE:RR.) has secured an order for engines to power Cathay Pacific's new fleet of Airbus Group (EPA:AIR) aircraft.
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.
