WOOD DALE, Ill. (AP) — WOOD DALE, Ill. (AP) — AAR Corp. (AIR) on Tuesday reported fiscal third-quarter net income of $68 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Wood Dale, Illinois-based company said it had net income of $1.71. Earnings, adjusted for one-time gains and costs, came to $1.25 per share.
The airplane maintenance company posted revenue of $845.1 million in the period.
AAR shares have risen 30% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $107.94, a rise of 54% in the last 12 months.
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