AAR Corp rises after Q2 profit beat

AAR

07/01/2026 11:43

** Aviation services provider AAR Corp's AIR.N shares rise 4.4% to $93.40 premarket, after Q2 profit beats analysts' expectations

** Co after market close on Tuesday reported Q2 adjusted EPS of $1.18 vs analysts' average estimate of $1.03 - data compiled by LSEG shows

** Beat profit estimates for eighth straight quarter, said strong performance in new parts distribution segment helped earnings

** Jefferies raises PT to $100 from $88, while RBC raises PT to $105 from $90

** Seven brokerages that cover stock rate it "buy" or higher; their median PT is $99 - LSEG data

** AIR gained 35% in 2025

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))