AAR CORP. (AIR) Thursday reported first-quarter loss from continuing operations of $13.9 million or $0.40 per share, compared to income from continuing operations of $17.1 million or $0.49 per share last year.
Adjusted diluted earnings from continuing operations in the first quarter were $0.17 per share compared to $0.57 per share last year.
Sales for the quarter dropped to $400.8 million from $541.5 million last year.
Analysts polled by Thomson Reuters expected a loss of $0.05 per share on revenues of $381.71 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.