AAR Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga
27 Mar

AAR Corp. (NYSE:AIR) will release its first-quarter financial results, after the closing bell, on Thursday, March 27.

Analysts expect the Wood Dale, Illinois-based company to report quarterly earnings at 96 cents per share, up from 85 cents per share in the year-ago period. AAR projects quarterly revenue of $699.13 million, compared to $567.3 million a year earlier, according to data from Benzinga Pro.

On March 19, AAR elected Hema Widhani to its Board of Directors.

AAR shares rose 0.1% to close at $69.70 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Keybanc analyst Philip Gibbs initiated coverage on the stock with an Overweight rating and a price target of $83 on Jan. 16, 2025. This analyst has an accuracy rate of 83%.
  • RBC Capital analyst Ken Herbert reiterated an Outperform rating with a price target of $75 on Nov. 4, 2024. This analyst has an accuracy rate of 68%.
  • Benchmark analyst Josh Sullivan reiterated a Buy rating with a price target of $83 on Oct. 4, 2024. This analyst has an accuracy rate of 84%.
  • Stifel analyst Bert Subin maintained a Buy rating and cut the price target from $86 to $85 on July 19, 2024. This analyst has an accuracy rate of 62%.
  • JMP Securities analyst Nicholas Jones reiterated a Market Outperform rating with a price target of $37 on Dec. 16, 2024. This analyst has an accuracy rate of 79%.

Considering buying AIR stock? Here’s what analysts think:

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