WOOD DALE, Ill. (AP) — WOOD DALE, Ill. (AP) — AAR Corp. (AIR) on Tuesday reported a fiscal first-quarter loss of $600,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Wood Dale, Illinois-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, were 78 cents per share.
The airplane maintenance company posted revenue of $549.7 million in the period.
AAR shares have climbed 33% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $59.78, a rise of 71% 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
