AAR reports $14.4 milllion profit during fiscal Q1

AAR Corp. has reported a profit of $14.4 million, or 36 cents per share, in its fiscal first quarter. The company, based in Wood Dale, Illinois, posted revenue of $469.2 million during the period, and expects full-year revenue in the range of $2 billion to $2.05 billion. AAR shares have climbed slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $28.10, a decline of 5% in the last 12 months.