FX.co ★ AAR Corp Q2 Earnings Summary

AAR Corp (AIR) recently announced its financial results for the second quarter, revealing key earnings metrics. The company reported a net loss of $30.6 million, a noticeable decline from the $23.8 million profit recorded during the same quarter last year. This translates to an earnings per share (EPS) of -$0.87, compared to $0.67 from the prior year's equivalent period. However, when excluding certain items, AAR Corp's adjusted earnings amounted to $32.3 million or $0.90 per share for the quarter. This surpasses analyst expectations, which had projected earnings of $0.84 per share. Additionally, the company generated revenue of $686.1 million in this quarter, a significant increase from the $545.4 million reported for the same period last year.