AAR Corp. reported earnings results for the third quarter and nine months ended February 29, 2024. For the third quarter, the company reported sales was USD 567.3 million compared to USD 521.1 million a year ago. Net income was USD 14 million compared to USD 21.8 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 0.39 compared to USD 0.62 a year ago. Basic earnings per share was USD 0.4 compared to USD 0.63 a year ago. Diluted earnings per share was USD 0.39 compared to USD 0.62 a year ago.
For the nine months, sales was USD 1,662.4 million compared to USD 1,437.2 million a year ago. Net income was USD 37.2 million compared to USD 67 million a year ago. Basic earnings per share from continuing operations was USD 1.05 compared to USD 1.9 a year ago. Diluted earnings per share from continuing operations was USD 1.04 compared to USD 1.87 a year ago. Basic earnings per share was USD 1.05 compared to USD 1.91 a year ago. Diluted earnings per share was USD 1.04 compared to USD 1.88 a year ago.