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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Aar has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
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

Past Performance:
Aar has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)