Aar Corp  (AIR)
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods

The company reported that revenue have faded, all along the fiscal interval closing Nov 30 2022

Aar Corp recorded second quarter of 2023 operating profit of $182.3 million

Published 2022-12-21T11:16:02+00:00
Goran Soko / CSIMarket.com Contributer

main_engine-installationFor the most recent fiscal period Aar Corp net profit per share grew by 10.34 % of $0.64 per share compare to $0.58 a year prior and income improved by 1.59 % from $0.63 per share from the previous quarter.

The revenue crumbled by -31.775 % to $469.80 million from $688.60 million in the comparable quarter a year prior and sequentially revenue surged by 5.266 % from $446.30 million.

Net profits of $22.500 million in the most recent fiscal period increased by 8.17 % from net earnings of $20.800 million reported in the most recent fiscal period a year ago. Although operating margin fell to 38.8%, in the most recent fiscal period, the Aerospace & Defense company's net margin actually improved to 4.79%.
Operating earnings, fell -58.63% to $182.3 million, squeezing Aar Corp's operating margin to 38.8%, from 64% in the second quarter of 2022.

Aar Corp is expected to report next financial results on July 20, 2023.

Aar's Price to Book ratio

Aar's ROE

Other AIR's Earnings Reports

Other AIR's Earnings Reports


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