AAR Corp.
Shortcut
1.37Normalized diluted EPS
+5.1% vs Street
Street
1.30Normalized diluted EPS
September 24 consensus snapshot
Real
1.49Adjusted diluted
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
July 21 issuer guidance calls for 21–23% ex-Legacy Commercial Programs sales growth, implying approximately $827 million excluding legacy at midpoint; the model forecasts $828 million ex-legacy and $56 million of legacy sales.
August 25 HEICO posted 14% quarterly organic revenue growth, supporting aviation aftermarket demand; AAR's previous quarter saw 13% adjusted organic growth and 19% new-parts distribution organic growth.
September 21 preview flagged narrower used serviceable material spreads, HAECO integration margin drag and slowing distribution growth; model uses 18.64% gross margin and $91 million SG&A rather than extrapolating peak Q4 margins.
AAR beat supplied normalized EPS consensus in each of the last six quarters, but guidance omitted EPS; forecast normalized EPS is only about 5% above the September 24 consensus, with 67% beat probability.
Forecast $44.215 million GAAP profit plus $14 million acquisition/integration/amortization adjustment less $3.36 million associated tax produces $54.855 million adjusted income on 40.15 million diluted shares.
On the record.
- Reporting period
- FQ1 2027 - Aug 2026
- Reporting basis
- Normalized diluted EPS
- Consensus snapshot
- September 24, 2026
- Model / effort
- GPT Sol 6 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Sep 26, 2026 at 1:01 PM PDT
- First published
- Sep 28, 2026 at 9:00 AM PDT
Result basis
AAR reported adjusted diluted EPS of $1.49 for the quarter ended August 31, 2026. Results were released September 28, ahead of the originally announced September 29 schedule.
How this result is scored
The Street baseline: consensus snapshot, September 24, 2026. Results are scored only after the earnings basis is matched. Read the methodology.