AAR CORP: Before the Quarterly Results, Analyst Expectations and Market Forecasts

Investors are eagerly awaiting the upcoming announcement of the quarterly results from AAR CORP, a provider of aviation and defense services. The latest figures are expected after the stock market closes on Tuesday. In the last quarter, AAR surpassed analysts' revenue expectations by a significant 8.6%, with revenue amounting to $754.5 million, representing an annual increase of 14.9%. The impressive performance was reflected in a solid exceeding of expectations in both EBITDA and adjusted operating income. Currently, there is discussion in the market about AAR: buy or sell before the results are released? Analysts predict revenue growth of 4.1% year-over-year to $688.8 million for the current quarter. This represents a slowdown compared to the same quarter last year, which saw a rise of 20.4%. The adjusted earnings per share are expected to be $0.98. In the past 30 days, most analysts have reaffirmed their estimates, suggesting that they anticipate a stable development of the company before the results are announced. Notably, however, AAR has missed Wall Street's revenue estimates four times in the past two years. As AAR is the first among its competitors to present results in this reporting period, there are no comparable data to assess the performance of aviation and defense stocks. Nevertheless, stock prices have shown stable development over the past month, standing at $75.33 with an average analyst price target of $87. Potential future winners in the corporate software sector, especially regarding generative AI, continue to be explicitly analyzed. A new special report highlights a profitable, rapidly growing software company already riding the wave of automation and positioning itself for the next AI generation.