AIR Q3 Deep Dive: MRO Holdings Acquisition Expands Scale and Margins

Aviation and defense services provider AAR CORP (NYSE:AIR) reported calendar Q3 2026 (fiscal Q1 2027) results beating Wall Street’s revenue expectations, with sales up 24.1% year on year to $918 million. Guidance for next quarter’s revenue was optimistic at $914.6 million at the midpoint, 2.6% above analysts’ estimates. Its non-GAAP profit of $1.49 per share was 14.9% above analysts’ consensus estimates.