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. (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) 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.
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) 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.
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.
AIR, AMKR and ARCB have been added to the Zacks Rank #5 (Strong Sell) List on August 16, 2024.
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 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. 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'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. (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.