AAR: Fiscal Q1 Earnings Snapshot

WOOD DALE, Ill. (AP) _ AAR Corp. (AIR) on Thursday reported fiscal first-quarter profit of $22.7 million.

On a per-share basis, the Wood Dale, Illinois-based company said it had profit of 63 cents. Earnings, adjusted to account for discontinued operations and non-recurring gains, were 61 cents per share.

The airplane maintenance company posted revenue of $446.3 million in the period.

AAR shares have dropped 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $38.18, a climb of 18% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIR at https://www.zacks.com/ap/AIR

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