NYSE$AIR
Aar Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
AAR Corp reported Q3 2024 earnings with increased consolidated sales and adjusted diluted earnings per share.
AAR CORP. reported a 9% increase in consolidated sales, reaching $567.3 million, and income from continuing operations of $14.0 million, or $0.39 per diluted share. Adjusted diluted earnings per share from continuing operations were $0.85, compared to $0.75 in the prior year. The company completed the acquisition of Triumph Group’s Product Support business on March 1, 2024.
- Consolidated third quarter sales increased 9% over the prior year quarter.
- Sales to commercial customers increased 18% and represented 70% of consolidated sales.
- Gross profit margin increased to 19.4% from 18.1% due to operating efficiency on increased sales volumes.
- Completed the acquisition of Triumph Group’s Product Support business for $725 million.
Headline financials
Revenue & EPS history
AAR Corp · Revenue · Quarterly
$567M
Revenue by segment
AAR Corp · $54.3M total across 1 segment · Q4 2020
- Expeditionary Services$54.3M—100.0%
Forward guidance
AAR CORP. expects the acquisition of the Product Support business to accelerate their growth trajectory and will leverage their leadership positions to drive greater value for customers and shareholders. The company will maintain focus on cash generation and portfolio optimization to maintain a strong balance sheet for organic and inorganic investments.
Tailwinds
- Acquisition of Product Support business expected to accelerate growth.
- Leveraging leadership positions in USM, new parts distribution, airframe MRO, and component repair services.
- Focus on cash generation.
- Focus on portfolio optimization.
- Maintaining a strong balance sheet.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
+0.5%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+1.9%
Avg return
30 days after
57%
39 / 68 earnings
Positive
+24.5%
Q3 2020
Best reaction
-16.4%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -3.1% | +2.5% | — | |
| Q2 2026 | +0.9% | +9.8% | +26.4% | |
| Q1 2026 | +4.3% | +12.2% | +10.4% | |
| Q4 2025 | +2.0% | +9.8% | +2.7% | |
| Q3 2025 | -16.4% | -15.7% | -22.7% | |
| Q2 2025 | +8.0% | +9.0% | +9.5% | |
| Q1 2025 | -4.7% | -6.6% | -11.2% | |
| Q4 2024 | -13.2% | -8.8% | -14.9% | |
| Q3 2024 | -6.6% | -6.8% | -0.4% | |
| Q2 2024 | -10.4% | -10.1% | -17.1% | |
| Q1 2024 | -1.1% | -2.9% | -5.4% | |
| Q4 2023 | +0.6% | +2.7% | +0.6% | |
| Q3 2023 | +6.6% | +5.4% | +5.1% | |
| Q2 2023 | -3.3% | -3.8% | +7.7% | |
| Q1 2023 | -9.3% | -10.1% | +9.7% | |
| Q4 2022 | -8.2% | -6.1% | +3.4% | |
| Q3 2022 | +9.1% | +10.3% | +7.2% | |
| Q2 2022 | +7.5% | +8.7% | +15.4% | |
| Q1 2022 | +1.7% | -0.3% | +8.1% | |
| Q4 2021 | +9.1% | +6.3% | -6.2% | |
| Q3 2021 | -2.1% | +3.1% | -4.2% | |
| Q2 2021 | +2.6% | +4.6% | +11.4% | |
| Q1 2021 | +11.8% | +9.3% | +17.7% | |
| Q4 2020 | +4.5% | -1.1% | +5.8% | |
| Q3 2020 | +24.5% | +36.2% | +25.4% | |
| Q2 2020 | +14.9% | +6.2% | +1.4% | |
| Q1 2020 | -5.9% | -6.2% | -7.4% | |
| Q4 2019 | +9.6% | +5.9% | +5.3% | |
| Q3 2019 | -5.6% | -7.3% | -6.3% | |
| Q2 2019 | -1.6% | -9.0% | -6.0% | |
| Q1 2019 | +8.1% | +6.4% | +1.0% | |
| Q4 2018 | -10.5% | -5.1% | -3.1% | |
| Q3 2018 | +2.1% | -2.1% | +6.1% | |
| Q2 2018 | -6.6% | -6.7% | -2.9% | |
| Q1 2018 | +6.4% | +1.1% | +5.3% | |
| Q4 2017 | +5.6% | +6.7% | +0.1% | |
| Q3 2017 | +0.5% | -0.3% | +1.1% | |
| Q2 2017 | -9.0% | -9.1% | -14.8% | |
| Q1 2017 | +5.8% | +4.7% | +12.5% | |
| Q4 2016 | -5.3% | -2.8% | -1.3% | |
| Q3 2016 | +3.7% | — | — | |
| Q2 2016 | +5.2% | — | — | |
| Q1 2016 | -11.6% | — | — | |
| Q4 2015 | +3.6% | — | — | |
| Q3 2015 | -6.8% | — | — | |
| Q2 2015 | -3.3% | — | — | |
| Q1 2015 | -11.5% | — | — | |
| Q4 2014 | +7.4% | — | — | |
| Q3 2014 | -7.4% | — | — | |
| Q2 2014 | -4.4% | — | — | |
| Q1 2014 | -8.2% | — | — | |
| Q4 2013 | -0.9% | — | — | |
| Q3 2013 | +8.1% | — | — | |
| Q2 2013 | +18.0% | — | — | |
| Q1 2013 | -5.6% | — | — | |
| Q4 2012 | +9.7% | — | — | |
| Q3 2012 | -1.5% | — | — | |
| Q2 2012 | +1.1% | — | — | |
| Q1 2012 | -2.6% | — | — | |
| Q4 2009 | +2.2% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q3 2011 | +0.3% | — | — | |
| Q3 2010 | +0.3% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q2 2011 | +0.4% | — | — | |
| Q1 2010 | +4.3% | — | — | |
| Q4 2010 | +4.3% | — | — | |
| Q1 2011 | +4.3% | — | — |
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