AAR shares jump after Q1 results beat and deal for 65% of MRO Holdings
AAR shares rose about 7% to $123 premarket after Q1 adjusted EPS of $1.49 beat $1.08 a year ago. The company also forecast low-teens sales growth and said it will acquire a 65% controlling interest in MRO Holdings for about $1.8 billion, expected to close in fiscal Q3 ending February 2027.