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Why Shares of AAR Are Flying Higher This Week

Why Shares of AAR Are Flying Higher This Week

Through the first three weeks of March, shares of AAR (NYSE: AIR) didn't move much. The company's fiscal third-quarter 2022 earnings report, delivered after the closing bell on Tuesday, helped provide the impetus for that lift. For the fiscal period that ended Feb. 28, AAR beat analysts' consensus expectations on both the top and bottom lines.