AAR Corp. (AIR) reported first quarter EPS of $0.27 after the close Tuesday, which came in above the consensus estimate of $0.25.
AAR Corp. gapped up Tuesday and climbed steadily until the middle of the morning. The stock was range-bound for the remainder of the day and closed higher by $2.08 at $21.07 on the highest volume in over 2 months. AAR Corp. has been rising for the last 2 1/2 weeks and set a new high for the year.
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