Earnings Preview: AAR

Published on Wednesday, 14 December 2011 10:48 Written by Danny Miller

New York, December 14th (TradersHuddle.com) - Shares of AAR Corp. (NYSE:AIR) are trading lower by -2.20% ahead of its quarterly earnings release. AAR, the provider of diverse products and services to the worldwide commercial aviation and defense industries is expected to release its quarterly results on December 15^th.

Wall Street Analysts consensus calls for a profit of $0.47 a share on $475.49 million revenue.

AAR estimates have a range of $0.08 a share. The high estimate calls for profit of $0.52 a share and the low estimate is calling for a profit of $0.44 a share, a year ago for the quarter the company reported $0.42 a share.

AAR Corp. (NYSE:AIR) is a leading provider of diverse products and services to the worldwide commercial aviation and defense industries. The Company purchases, sells, and leases new and used commercial jet aircraft, as well as purchases, sells, and leases a variety of new, overhauled, and repaired engines and engine products for the aviation aftermarket.

Other companies on the watch on this earnings event are Spirit AeroSystems Holdings Inc. NYSE:SPR and United Technologies Corp. NYSE:UTX.