AAR (NYSE:AIR) Releases Earnings Results, Beats Estimates By $0.16 EPS

AAR (NYSE:AIR) issued its quarterly earnings data on Tuesday. The aerospace company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.16, Zacks reports. AAR had a net margin of 1.01% and a return on equity of 12.29%. The business had revenue of $795.30 million during the quarter, compared to analysts’ expectations of $760.95 million.

AAR Trading Up 2.1%

NYSE:AIR traded up $1.81 on Tuesday, reaching $89.83. The company’s stock had a trading volume of 1,669,486 shares, compared to its average volume of 875,066. The business’s 50-day moving average price is $82.81 and its two-hundred day moving average price is $78.99. AAR has a 1-year low of $46.51 and a 1-year high of $90.09. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.91. The firm has a market cap of $3.51 billion, a PE ratio of 115.16 and a beta of 1.24.

AAR News Roundup

Here are the key news stories impacting AAR this week:

• Positive Sentiment: Quarterly beat — AAR reported EPS of $1.18 versus consensus $1.02 and revenue of $795.3M versus $760.95M, demonstrating stronger near-term profitability and top-line demand. AAR Q2 FY2026 Press Release
• Positive Sentiment: Q3 FY2026 revenue guidance raised — management guided Q3 revenue to $813.8M–$827.4M versus consensus ~$797.5M, signaling continued revenue strength into the next quarter.
• Positive Sentiment: FY2026 revenue guidance above Street — AAR issued FY revenue guidance around $3.3B versus consensus ~$3.2B, suggesting analysts may need to lift full-year top-line estimates.
• Positive Sentiment: Commercial wins that support recurring revenue and services growth — Thai Airways selected AAR subsidiaries Trax and Aerostrat for a digital MRO upgrade, which validates AAR’s software/services footprint. Thai Airways selects Trax and Aerostrat
• Positive Sentiment: Distribution partnership — AAR commenced an exclusive commercial distribution agreement with TRIUMPH, which could expand parts distribution reach and recurring sales. AAR distribution agreement with TRIUMPH
• Neutral Sentiment: EPS guidance not provided/unclear in the update — the company’s entries show revenue ranges but do not specify an EPS guidance figure, leaving some short-term earnings visibility incomplete.
• Neutral Sentiment: Formal filings and investor materials released — AAR posted a full results press release and slide deck for investors to review the quarter and outlook. AAR reports second quarter fiscal year 2026 results Slide Deck

Insider Transactions at AAR

In other news, CEO John Mcclain Holmes III sold 38,462 shares of the business’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $83.50, for a total value of $3,211,577.00. Following the sale, the chief executive officer directly owned 260,141 shares in the company, valued at $21,721,773.50. The trade was a 12.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AIR. Osterweis Capital Management Inc. acquired a new stake in shares of AAR in the 2nd quarter valued at approximately $26,000. Morse Asset Management Inc bought a new stake in AAR during the third quarter worth $27,000. Northwestern Mutual Wealth Management Co. lifted its stake in AAR by 1,925.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 486 shares of the aerospace company’s stock valued at $44,000 after acquiring an additional 462 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in AAR in the 3rd quarter valued at about $46,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of AAR by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,105 shares of the aerospace company’s stock worth $214,000 after acquiring an additional 2,070 shares during the period. Institutional investors and hedge funds own 90.74% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Jefferies Financial Group initiated coverage on AAR in a research report on Wednesday, December 17th. They issued a “buy” rating and a $100.00 price target on the stock. KeyCorp upped their price objective on AAR from $86.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of AAR in a research report on Monday, December 29th. Truist Financial boosted their price objective on AAR from $81.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Finally, Wall Street Zen upgraded shares of AAR from a “hold” rating to a “buy” rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $93.25.

AAR Company Profile

AAR Corp. (NYSE: AIR) is a global provider of aviation products and services to commercial, government and defense customers. The company offers a comprehensive portfolio of maintenance, repair and overhaul (MRO) solutions, component repair and overhaul, and engineering services designed to support a wide variety of fixed-wing and rotary aircraft. Leveraging FAA and EASA certifications, AAR delivers turnkey maintenance programs and ad hoc repair services that enhance aircraft availability and reliability.

In its Aviation Supply Chain Services segment, AAR sources, stores and distributes parts for both commercial airlines and military operators.