Update: AAR Shares Fall After Fiscal Q3 Revenue Misses Estimates-March 2024-www.financetom.com

Update: AAR Shares Fall After Fiscal Q3 Revenue Misses Estimates

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Update: AAR Shares Fall After Fiscal Q3 Revenue Misses Estimates

Mar 28, 2025 11:49 AM

02:22 PM EDT, 03/28/2025 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.)

AAR (AIR) shares fell over 14% in recent trading Friday after the company's fiscal Q3 revenue missed analysts' estimates.

The company reported fiscal Q3 adjusted earnings late Thursday of $0.99 per diluted share, up from $0.85 a year earlier.

Analysts polled by FactSet expected $0.96.

Revenue for the quarter that ended Feb. 28 was $678.2 million, up from $567.3 million a year earlier.

Analysts surveyed by FactSet expected $699 million.

Price: 58.56, Change: -9.79, Percent Change: -14.32

Previous page： TotalEnergies Drills Deeper into Africa, Secures Stake In Promising São Tomé Block Next page： Peru trying to lure BYD auto plant with industrial park incentive

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

TotalEnergies Drills Deeper into Africa, Secures Stake In Promising São Tomé Block

Jun 26, 2024

TotalEnergies SE ( TTE ) shares are trading lower on Wednesday. The company inked an agreement to acquire a 60% stake and operational control of Block STP02 from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). Meanwhile, Sonangol (30%) and ANP-STP (10%) will retain their respective interests in Block STP02. Block STP02 spans 4,969 km and is situated...

Peru trying to lure BYD auto plant with industrial park incentive

Jun 26, 2024

LIMA (Reuters) - Peru's president met with Chinese electric vehicle maker BYD on Wednesday, inviting executives to set up shop on the Andean nation's Pacific coast where another Chinese firm is building a massive port to facilitate trade between the two countries. President Dina Boluarte told the executives that if BYD were to build a auto assembly plant in Peru,...

Oracle Announces General Availability of Cloud Database Service With Enhanced AI Features

Jun 26, 2024

12:45 PM EDT, 06/26/2024 (MT Newswires) -- Oracle (ORCL) said Wednesday that HeatWave GenAI, its cloud-native database service with enhanced generative artificial intelligence capabilities, is now available to the public. The product is available immediately in all Oracle Cloud regions, Oracle Cloud Infrastructure Dedicated Region and across clouds at no extra cost to the company's HeatWave customers. Oracle shares rose...

E3 Lithium expects Clearwater Project to produce 32,250 tonnes of lithium hydroxide per year

Jun 26, 2024

June 26 (Reuters) - Canadian lithium-focused company E3 Lithium ( EEMMF ) said on Wednesday its Clearwater Project in Alberta would have an initial capacity of 32,250 tonnes of lithium hydroxide per year. Backed by Exxon's Imperial Oil ( IMO ), E3 Lithium ( EEMMF ) said in its pre-feasibility study that its initial capital expenditure on the project would...