AAR (NYSE:AIR) updated its FY 2020 earnings guidance on Wednesday. The company provided EPS guidance of $2.45-2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.80. The company issued revenue guidance of $2.1-2.2 billion, compared to the consensus revenue estimate of $2.13 billion.AAR also updated its FY20 guidance to $2.45-2.65 EPS.

Several research analysts recently commented on the company. Canaccord Genuity lowered their target price on Western Energy Services from C$0.50 to C$0.40 in a research note on Wednesday, March 20th. Zacks Investment Research cut HENGAN INTL GRP/ADR from a strong-buy rating to a hold rating in a research note on Tuesday, May 21st. Stifel Nicolaus began coverage on AAR in a research report on Monday. They set a buy rating and a $50.00 price objective for the company. Finally, ValuEngine cut Zumiez from a hold rating to a sell rating in a research report on Tuesday, July 2nd. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of $49.57.

NYSE:AIR opened at $42.62 on Friday. The business’s 50-day simple moving average is $34.13. The firm has a market cap of $1.37 billion, a PE ratio of 18.06 and a beta of 1.18. AAR has a 1 year low of $29.84 and a 1 year high of $51.52. The company has a current ratio of 2.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.20.

AAR (NYSE:AIR) last released its quarterly earnings data on Wednesday, July 10th. The aerospace company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.02. The business had revenue of $562.70 million during the quarter, compared to analysts’ expectations of $529.49 million. AAR had a return on equity of 9.71% and a net margin of 0.37%. The business’s quarterly revenue was up 18.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 EPS. As a group, research analysts forecast that AAR will post 2.77 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, July 19th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, July 18th. This represents a $0.30 annualized dividend and a dividend yield of 0.70%. AAR’s dividend payout ratio is currently 12.71%.

AAR Company Profile

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The company operates in two segments, Aviation Services and Expeditionary Services. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services.

Further Reading: How Do Investors Open a Backdoor Roth IRA?

Earnings History and Estimates for AAR (NYSE:AIR)

Receive News & Ratings for AAR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAR and related companies with MarketBeat.com's FREE daily email newsletter.