AAR Reports Higher Q2 Profit, Lower Sales

AAR, a global aftermarket solutions company, reported higher earnings from continuing operations but lower revenue.

Net income from continuing operations increased to $0.35 in the three months ended Nov. 30 from $0.26 in the year-ago period. Q2 sales decreased to $423.8 million from $431.5 million year-over-year.

Analysts polled by Capital IQ were forecasting a profit of $0.35 per share for Q2 on sales of $447 million.

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