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AAR Corp. reports Q1 adjusted EPS $1.08, consensus 98c

Reports Q1 revenue $740M, consensus $689.45M. “Our first quarter was a strong start to the fiscal year as we drove significant growth across all of our segments. Adjusted sales were up 17% organically largely driven by Parts Supply which was up 27% in the quarter. Once again, we saw exceptional performance out of our new parts Distribution activities as we continue to win new business and expand our market share,” said John Holmes, AAR’s Chairman, President and CEO.

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