AAR(NYSE:AIR) stock fell by 1.02% on Friday after the company reported its Q1 earnings results on Thursday, September 23, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
AAR beat their estimated earnings by 8.33%, which did not surprise analysts.
Revenue was up $54,300,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 3.0% increase in the share price the next day.
Here’s a look at AAR’s past performance and the resulting price change:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|
| EPS Estimate | 0.48 | 0.45 | 0.29 | 0.18 | |
| EPS Actual | 0.52 | 0.47 | 0.37 | 0.31 | 0.17 |
| Price Change % | -1.02% | 3.0% | 1.85% | 1.59% | 9.65% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
AAR earnings and revenue guidance hasn’t been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
