AAR Corp. AIR will release earnings results for its second quarter, after the closing bell on Tuesday, Jan. 7, 2025.
Analysts expect the Wood Dale, Illinois-based company to report quarterly earnings at 84 cents per share, up from 81 cents per share in the year-ago period. AAR projects to report revenue of $654.09 million for the recent quarter, compared to $545.4 million a year earlier, according to data from Benzinga Pro.
On Dec. 20, AAR announced divestiture of non-core Landing Gear Overhaul business to optimize portfolio.
AAR shares fell 0.1% to trade at $60.87 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- RBC Capital analyst Ken Herbert reiterated an Outperform rating with a price target of $75 on Nov. 4. This analyst has an accuracy rate of 64%.
- Benchmark analyst Josh Sullivan reiterated a Buy rating with a price target of $83 on Oct. 4. This analyst has an accuracy rate of 85%.
- Stifel analyst Bert Subin maintained a Buy rating and decreased the price target from $86 to $85 on July 19. This analyst has an accuracy rate of 62%.
- William Blair analyst Louie DiPalma initiated coverage on the stock with an Outperform rating on Jan. 29. This analyst has an accuracy rate of 72%.
Considering buying AIR stock? Here’s what analysts think:
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