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AAR Corp. (AIR) Dropped After Q4 Revenues Disappoint

AAR Corp. (AIR) reported fourth quarter EPS of $0.54 after the close Tuesday, which topped the consensus estimate of $0.51. Revenues rose 5.1% to $473.5 million from $450.5 million last year.

AAR declined in early trade Wednesday and slid further around mid-afternoon. The stock closed down by 5.53 at $43.02 on the highest volume of the year. AAR dropped to over a month and a half low.

by RTTNews Staff Writer

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