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What: Shares of aircraft products and service provider AAR
So what: It was a mixed announcement as the company beat analysts' estimates on revenue but fell short on earnings per share. Revenue rose 19% to $479.3 million, compared to the estimate of $453.2 million, while earnings per share of $0.41 didn’t quite meet the $0.45 consensus. Meanwhile, gross margin ticked down to 15.6% from 17.3%.
Now what: The company, which competes with larger rival Goodrich
Interested in more info on AAR? Add it to your watchlist by clicking here.
Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.