WOOD DALE, Ill. (AP) — WOOD DALE, Ill. (AP) — AAR Corp. (AIR) on Monday reported fiscal first-quarter earnings of $40.1 million.
On a per-share basis, the Wood Dale, Illinois-based company said it had net income of $1. Earnings, adjusted for one-time gains and costs, came to $1.49 per share.
The airplane maintenance company posted revenue of $918 million in the period.
AAR shares have increased 39% since the beginning of the year. In the final minutes of trading on Monday, shares hit $115.09, an increase of 33% 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