In a published research report today, Wedbush reiterated its Outperform rating on AAR AIR and $26 price target based on its 2Q 12 initial read.
In the report, Wedbush wrote, “AAR reported an in line quarter of $476 million in revenue (up 8% Y/Y) and $0.45 EPS (flat Y/; $0.43 including the $0.02 acquisition-related expenses). Our estimates for the quarter were $479 million and $0.46, respectively. Consensus for the quarter was $472 million in revenue and $0.45 EPS.”
AAR is currently trading at $18.45, up 5.43% from yesterday's close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in