AAR Earnings: What Investors Should Watch
AAR (NYSE:AIR) will report earnings after markets close on Thursday, July 25th. AAR CORP. supplies aftermarket products and services to the global aviation/ aerospace industry. The Company purchases, sells, and leases new and used commercial jet aircraft, as well as purchases, sells, and leases a variety of new, overhauled, and repaired engines and engine products for the aviation aftermarket. AAR overhauls, repairs, and exchanges a variety of engine parts.
Here is your Cheat Sheet to Aar Earnings:
Earnings Expectations: Analysts expect earnings of $0.45 per share on revenues of $543.28 million. Currently, the company’s P/E ratio stands at 15.25.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.42 to a profit $0.43. For the current year, the average estimate is a profit of $1.8, which is the same as the estimate ninety days ago.
Here’s how Aar has been performing on an annual basis:
|Revenue ($) in millions||1,424||1,352||1,776||2,065|
|Diluted EPS ($)||1.87||1.16||1.73||1.65|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||563.35||550.50||512.80||520.20|
|Diluted EPS ($)||0.32||0.45||0.44||0.46|
Aar has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)