AAR Corp Earnings Fall 21% In Q4

(RTTNews) - AAR Corp (AIR) announced a profit for fourth quarter that lost ground from last year.

The company said its earnings came in at $12.0 million, or $0.34 per share. This was down from $15.1 million, or $0.36 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 10.2% to $458.2 million. This was up from $415.8 million last year.

AAR Corp earnings at a glance:

-Earnings (Q4): $12.0 Mln. vs. $15.1 Mln. last year. -Earnings Decline (Y-o-Y): -20.5% -EPS (Q4): $0.34 vs. $0.36 last year. -EPS Decline (Y-o-Y): -5.6% -Revenue (Q4): $458.2 Mln vs. $415.8 Mln last year. -Revenue Change (Y-o-Y): 10.2%

-Guidance: Full year EPS guidance: $1.30 - $1.40 Full year revenue guidance: $1.7 - $1.8 Bln