These Analysts Increase Their Forecasts On AAR Following Upbeat Q3 Results

AAR Corp (NYSE: AIR) reported Q3 earnings of $1.25 per share, exceeding the analyst consensus of $1.15, with sales of $845.1 million surpassing expectations of $812.5 million. The company experienced a 25% increase in total sales, including 14% organic growth, with its Parts Supply segment growing by 45%. Following the earnings announcement, AAR's stock rose by 9.9% to close at $118.52, prompting analysts from Keybanc and RBC Capital to raise their price targets to $120 and $125, respectively.