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AAR Corp Q4 adjusted earnings of $0.64 per share

AAR Corp (AIR) reported a profit for its fourth quarter that climbed from the same period last year.

The company's earnings totaled $22.8 million, or $0.65 per share. This compares with $12.0 million, or $0.34 per share, in last year's fourth quarter.

Excluding items, AAR Corp reported adjusted earnings of $22.3 million or $0.64 per share for the period.

The company's revenue for the quarter rose 18.8% to $562.7 million from $473.5 million last year.

AAR Corp earnings at a glance:

-Earnings (Q4): $22.3 Mln. vs. $16.7 Mln. last year.
-EPS (Q4): $0.64 vs. $0.48 last year.
-Revenue (Q4): $562.7 Mln vs. $473.5 Mln last year.

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