AAR Corp (NYSE:AIR) on Tuesday reported better-than-expected earnings for the third quarter and raised its FY2026 sales forecast.
AAR reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.15 per share. The company reported quarterly sales of $845.100 million which beat the analyst consensus estimate of $812.537 million.
“AAR delivered another outstanding quarter, continuing our momentum. Total sales were up 25%, including 14% organic adjusted sales growth,” stated John M. Holmes, AAR’s Chairman, President and CEO. “We saw growth across each of our parts, repair, and software platform activities in the quarter. Our Parts Supply segment grew 45% led by 36% organic growth in our new parts Distribution activity. …