MRO
Marathon Oil Corporation
stock NYSE

**AAR (AIR)** reported fiscal first-quarter 2027 sales of $918.0 million, up 24% from a year earlier. Net income rose to $40.1 million from $34.4 million, and diluted earnings per share increased to $1.00 from $0.95. Operating cash flow was $55.8 million, versus $44.9 million used a year earlier. Operating margin fell to 7.9% from 8.8%.
Parts Supply and Repair, Engineering, and Software sales each grew 31%; Government Solutions sales rose 4%. AAR also entered a definitive agreement to acquire a **65% controlling interest** in MRO Holdings. For the second quarter, it forecasts sales growth excluding Legacy Commercial Programs of 14%–16% and adjusted EBITDA margin on that basis of 13.0%–13.4%. Its full-year sales-growth outlook excluding that segment is now low teens, compared with a prior range of low double-digits to low teens. The guidance excludes the proposed acquisition.

**AAR (AIR)** reported fiscal first-quarter 2027 sales of $918.0 million, up 24% from a year earlier. Net income rose to $40.1 million from $34.4 million, and diluted earnings per share increased to $1.00 from $0.95. Operating cash flow was $55.8 million, versus $44.9 million used a year earlier. Operating margin fell to 7.9% from 8.8%.
Parts Supply and Repair, Engineering, and Software sales each grew 31%; Government Solutions sales rose 4%. AAR also entered a definitive agreement to acquire a **65% controlling interest** in MRO Holdings. For the second quarter, it forecasts sales growth excluding Legacy Commercial Programs of 14%–16% and adjusted EBITDA margin on that basis of 13.0%–13.4%. Its full-year sales-growth outlook excluding that segment is now low teens, compared with a prior range of low double-digits to low teens. The guidance excludes the proposed acquisition.