{"filings":[{"id":22243,"accession_number":"0001104659-26-058989","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2026-05-12T11:02:06+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR updates FY2026 outlook, unveils new segment structure at Investor Day","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q4 FY2026 outlook: total adj. sales growth 19-21%, organic adj. sales growth 16-18%, adj. operating margin 10.2-10.5%.","FY2026 full-year outlook: organic adj. sales growth ~11% (prior ~12%), total adj. sales growth ~19% (prior ~17%).","New segment structure effective Q4 FY2026: Parts Supply, Repair/Engineering/Software, Government Solutions, Legacy Commercial Programs.","LTM Q3 FY2026 adj. sales $3.1B, adj. EBITDA $376M (12.1% margin), adj. EPS $4.67.","Adj. operating margin 10.1% vs updated target of 10.5-11.5%; adj. EBITDA margin 12.1% vs target of 12.5-13.5%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95187,"accession_number":"0001104659-26-056332","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR realigns into four segments, will wind down Legacy Commercial Programs over 3-4 years","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["New segments: Parts Supply, Repair & Engineering & Software, Government Solutions, Legacy Commercial Programs.","Wind-down of Legacy Commercial Programs (LTM rev. $252.4M, GAAP op. loss ($0.2M), adj. op. inc $5.0M).","Net assets of Legacy Commercial Programs ~$160M; wind-down expected to take 3-4 years.","Q4 and FY2026 guidance unchanged by realignment.","Recast segment financials for FY2024, FY2025, and FY2026 quarters provided in 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95186,"accession_number":"0001104659-26-048512","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2026-04-24T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"AAR completes acquisition of Aircraft Reconfig Technologies for $35M cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Aircraft Reconfig Technologies (ART) from ZIM Aircraft Cabin Solutions for $35M cash, subject to post-closing adjustments.","ART specializes in passenger aircraft reconfiguration; deal adds FAA Organization Designation Authorization (ODA) to AAR's Engineering Services.","ODA enables AAR to issue supplemental type certificates and Parts Manufacturer Approval without third-party reliance.","Transaction was announced on December 17, 2025, and closed on April 24, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108059,"accession_number":"0001104659-26-033901","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR reports Q3 FY2026: sales $845M (+25%), adjusted EPS $1.25, raises full-year guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales $845M (+25% YoY); GAAP diluted EPS $1.71; adjusted diluted EPS $1.25 (+26%).","Adjusted EBITDA $102M (+26%); margin 12.1%; cash from ops $74.7M; net leverage 2.17x.","Raised FY2026 total sales growth guidance to ~19% (from ~17%); organic to ~12% (from ~11%).","Q4 guidance: sales growth 19%-21%, organic 6%-8%, adj. operating margin 10.2%-10.5%.","Recent: exclusive TRIUMPH distribution, USAF contracts up to $450M, HAECO Americas integration ahead of schedule."],"consensus_eps_estimate":null,"consensus_eps_actual":3.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":2380000000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108058,"accession_number":"0001104659-26-013432","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"AAR appoints Dylan Wolin as CFO effective February 23, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Wolin rejoins AAR from Federal Signal, where he was President of Elgin, Trackless, and Vactor.","Base salary of $500K pro-rated, sign-on bonus of $300K (clawback if voluntary exit within 1 year).","Time-based restricted stock awards of $840K to replace foregone equity, vesting over 3 years.","Sarah Flanagan steps down as interim CFO, returns to VP, Financial Operations.","AAR reaffirms Q3 and fiscal year guidance issued January 6, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108056,"accession_number":"0001104659-26-006227","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K/A","filed_at":"2026-01-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AAR awards $500K in equity to Interim CFO Sarah Flanagan","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Compensation adjustments approved Jan 22, 2026: $500,000 in long-term incentive equity grants.","Grant mix: 60% performance-based RSU, 20% time-based RSU, 20% stock options; all vest over three years.","Base salary, annual bonus, and LTI opportunity unchanged from prior role.","Grant recognizes Interim CFO role while company searches for permanent CFO, considering internal and external candidates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108057,"accession_number":"0001104659-26-001328","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR Q2 FY2026 sales up 16% to $795M; adjusted EPS $1.18 (+31%); raises full-year guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales $795M (+16%); GAAP EPS $0.90; adjusted EPS $1.18 (+31% vs $0.90 prior).","Adjusted EBITDA $97M (+23%); margin improved to 12.1% from 11.4%.","Closed ADI ($138M) and HAECO Americas ($77M) acquisitions; HAECO secured $850M multi-year contracts.","Q3 FY2026 sales growth guidance 20-22% (organic 8-11%); FY2026 total sales growth approaching 17% (up from ~10%).","Trax selected by Thai Airways; renewed exclusive Distribution contracts with Collins Aerospace and Arkwin."],"consensus_eps_estimate":null,"consensus_eps_actual":1.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":1534900000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124485,"accession_number":"0001104659-25-122110","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-12-17T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"AAR to acquire Aircraft Reconfig Technologies for $35M cash, expanding engineering & certification","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $35M in cash, subject to customary working capital, cash, and debt adjustments.","Aircraft Reconfig Technologies specializes in passenger aircraft reconfiguration, holds FAA ODA, PMA, and STC certifications.","Acquisition expected to close in Q4 of AAR's FY 2026, subject to regulatory approvals.","Transaction expected to be accretive to margins and earnings; expands AAR's Repair & Engineering segment.","Approximately 100 employees in Greensboro, NC; adds in-house certification capabilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124484,"accession_number":"0001104659-25-118472","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-12-04T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"AAR CFO Sean Gillen resigns effective Dec 11; VP Sarah Flanagan named Interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sean Gillen resigns as SVP & CFO effective Dec 11, 2025, to pursue opportunity outside aviation industry.","Departure is not due to any disagreement with AAR on operations, policies, or financial reporting.","Sarah Flanagan, VP Financial Operations, appointed Interim CFO effective Dec 11, 2025.","Flanagan joined AAR in 2012, previously served as Group CFO for the largest business segment.","Gillen will remain an employee through Dec 19 to assist transition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124483,"accession_number":"0001104659-25-110876","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR posts investor presentation for Baird Conference; exhibit content not available for summary","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation posted on Nov 13, 2025 for Baird Global Industrial Conference.","No financial figures, guidance, or material updates are extractable from the filing.","Exhibit 99.1 was furnished but its content is not provided in the text received."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124482,"accession_number":"0001104659-25-105556","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"AAR acquires HAECO Americas for $80M; secures over $850M in multi-year MRO contracts","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of HAECO Americas for $80M in cash (subject to adjustments); funded via existing credit facility.","HAECO Americas is second largest heavy MRO provider in North America; adds facilities in Greensboro, NC and Lake City, FL.","Multi-year heavy maintenance contracts with key customers worth over $850M effectively sell out the two new facilities.","Transaction initially slightly dilutive to margins; expected to achieve AAR's current Airframe MRO operating margins post-integration.","HAECO Americas brings over 1,600 employees, 30% veterans; AAR to apply its operating model for efficiency gains."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124481,"accession_number":"0001104659-25-096066","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AAR CORP. prices 3M-share offering at $83; net proceeds ~$239M to repay credit facility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["3,000,000 shares priced at $83.00 per share; underwriters have 30-day option for additional 450,000 shares.","Net proceeds of ~$239.0M ($274.9M if overallotment exercised) after underwriting discounts and expenses.","Proceeds to repay borrowings under unsecured revolving credit facility and for general corporate purposes, including M&A.","Offering closed on October 2, 2025, with full exercise of the underwriters' option."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141148,"accession_number":"0001104659-25-093400","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-09-25T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"AAR acquires ADI for $146M cash to expand new parts distribution","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["ADI generated $149M revenue and $15.2M EBITDA in trailing twelve months ended June 30, 2025.","Acquisition funded from AAR's revolving credit facility; ADI to operate within Parts Supply segment.","ADI adds complementary electronics product lines and new OEM partnerships for faster-growing Distribution activity.","AAR Distribution has averaged over 20% organic growth annually for the past four years.","Approximately 400 ADI team members join AAR; operations span six locations in US, UK, and India."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141147,"accession_number":"0001104659-25-092548","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-09-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR Q1 FY2026 sales up 12% to $740M; adjusted EPS $1.08 (+27%); margins expand","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.95; adjusted diluted EPS $1.08 vs $0.85 last year; net income $34.4M","Adjusted EBITDA $87M (+18%), margin 11.7% from 11.3%; operating margin 8.8% from 6.6%","Parts Supply sales up 27% organically; commercial sales 71% of total","Acquired Aerostrat for $15M plus up to $5M contingent; expanded Trax with JetBlue, new defense contract with AmSafe Bridport","Operating cash flow used $44.9M; net debt $950M, net leverage 2.82x"],"consensus_eps_estimate":1.1644,"consensus_eps_actual":0.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":739600000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141146,"accession_number":"0001104659-25-090368","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-09-16T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"AAR Corp. reports annual meeting results; all director nominees elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected all four Class II directors (Jeffrey Edwards, John Holmes, Ellen Lord, Marc Walfish) with >26M votes for each.","Advisory vote on FY2025 executive compensation approved: 29.8M for, 1.9M against.","Ratification of KPMG LLP as FY2026 auditor passed: 32.5M for, 900,923 against.","Attendance of ~93% of outstanding shares (33.4M of 35.96M shares) in person or by proxy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141143,"accession_number":"0001104659-25-090370","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K/A","filed_at":"2025-09-16T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AAR appoints Director Hema Widhani to Audit and Nominating & Governance Committees","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hema Widhani, appointed to Board on March 18, 2025, now serves on Audit Committee and Nominating and Governance Committee.","Board action taken September 16, 2025, effective immediately.","This is an amendment to the original 8-K filed March 18, 2025.","No changes to any other committee assignments or board composition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141145,"accession_number":"0001104659-25-078742","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"AAR Corp issues $150M of 6.750% Senior Notes due 2029 at 102% of par","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$150M additional notes priced at 102.000% of principal, yield 6.119%, plus accrued interest from March 15, 2025.","Proceeds to repay outstanding borrowings under unsecured revolving credit facility and pay offering fees/expenses.","Notes are part of same series as $550M existing 6.750% notes due March 15, 2029; terms substantially identical.","Interest 6.750% per annum, payable semiannually on March 15 and September 15; maturity March 15, 2029.","Offering expected to close August 14, 2025, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141144,"accession_number":"0001104659-25-068351","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-07-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR Q4 FY2025 sales up 15% to $754.5M; adj EPS $1.16 (+32% YoY)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $34M ($0.95 GAAP); adjusted diluted EPS $1.16 vs $0.88 prior year.","Full-year FY2025 sales $2.8B (+20%), adj EBITDA $324M (+34%), adj EPS $3.91 (+17%).","Net leverage reduced to 2.72x from 3.58x post-Product Support acquisition.","New contracts include Trax with Delta TechOps and pilot training JV with KIRA for U.S. Navy E-6B."],"consensus_eps_estimate":1.0437,"consensus_eps_actual":0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":2780500000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158949,"accession_number":"0001104659-25-053327","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR CORP. presents at investor meeting; slide content not available in filing text","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Management presented slides at investor meeting on May 28, 2025.","Exhibit 99.1 listed but no slide content provided in filing text.","No specific financial data, guidance, or material updates disclosed in 8-K.","Investor presentation slides are typically forward-looking but details absent here."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158948,"accession_number":"0001104659-25-041889","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR furnishes investor presentation slides for Q4 FY2025 meetings","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Slides attached as Exhibit 99.1 for use in multiple investor meetings during Q4 fiscal 2025.","Presentation covers general company overview and strategy; no specific financial guidance released.","Information furnished under Regulation FD; not deemed filed or incorporated by reference.","No material non-public details disclosed beyond the furnished slides."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158947,"accession_number":"0001104659-25-031696","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-04-03T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"AAR completes sale of Landing Gear Overhaul business to GA Telesis for $51M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Closed April 3, 2025 for $51M; net proceeds ~$48M after selling costs and working capital adjustments.","Divestiture of non-core Landing Gear Overhaul business as part of portfolio optimization to focus on core aftermarket services.","Sale to GA Telesis, a global aerospace solutions company; transaction previously announced on December 20, 2024.","CEO John M. Holmes: 'Another step to enhance our portfolio and focus on growing core aviation aftermarket services.'"],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177375,"accession_number":"0001104659-25-028807","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-03-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR Q3 FY2025 adjusted EPS $0.99 (+16%); sales $678M (+20%); GAAP loss on $63.7M charge","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted diluted EPS $0.99 vs $0.85 YoY; GAAP net loss $8.9M ($0.25 loss per share) due to $63.7M charge on landing gear divestiture.","Sales $678M (+20%); Parts Supply +12%, Repair & Engineering +53% YoY; commercial 72% of sales.","Adjusted EBITDA $81M (+39%), margin 12.0% up from 10.3%; adjusted operating margin 9.7% vs 8.3%.","Landing Gear Overhaul divestiture for $51M expected Q4 FY2025; new agreements with Chromalloy, Unison (DLA), and Cathay Pacific (Trax).","Net debt $947.6M, net leverage 3.06x (down from 3.58x); FCPA settlement of $56M paid in quarter."],"consensus_eps_estimate":0.9949,"consensus_eps_actual":-0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":2026000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177374,"accession_number":"0001104659-25-025564","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-03-19T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AAR elects Hema Widhani to Board of Directors, expanding board to 12 members","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hema Widhani, 47, elected as Class I independent director effective March 18, 2025.","Board size increased from 11 to 12 directors.","Widhani is Chief Digital and Marketing Officer at Prudential Financial with 20+ years experience.","She will receive annual retainer of $95,000 and pro-rata restricted stock award of 391 shares.","Committee assignments not yet determined."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177373,"accession_number":"0001104659-25-005635","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-01-23T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"AAR Corp. amends bylaws for Delaware law, universal proxy, and updates meeting deadlines","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved amended and restated bylaws effective January 22, 2025.","Updates include universal proxy rules, DGCL changes, and technical clarifications.","Advance notice window for 2025 annual meeting: May 20 to June 19, 2025 (revised from prior proxy statement).","Changes address quorum, voting, director nominations, and emergency situations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177372,"accession_number":"0001104659-25-001753","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-01-08T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AAR Corp. SVP & CHRO Tracey Patterson departing Jan 10, 2025; receives $300K cash for unvested stock","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tracey Patterson resigns as SVP & Chief Human Resources Officer effective January 10, 2025.","Company will pay $300,000 cash to replace unvested time-based restricted stock award from 2023.","Payment conditioned on release of claims, confidentiality, non-disparagement, and non-solicitation covenants.","No successor named; Patterson accepted role outside aviation industry."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177371,"accession_number":"0001104659-25-001680","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2025-01-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR reports Q2 FY2025 sales up 26% to $686M; GAAP loss $0.87/share on FCPA charge; adjusted EPS $0.90","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 sales $686M (+26% YoY); organic growth 12% (accelerated from 6% in Q1).","GAAP net loss $30.6M ($0.87 loss per share) due to $57.1M after-tax FCPA settlement charges.","Adjusted EPS $0.90 (+11%); adjusted EBITDA $78M (+42%); adjusted op margin 9.2% (8.1% prior year).","Announced divestiture of Landing Gear Overhaul for $51M; expected to be immediately accretive to margins.","New distribution agreements with Chromalloy and Whippany; Airinmar extension with Singapore Airlines; joint venture with Air France in Asia-Pacific."],"consensus_eps_estimate":1.0161,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":1347800000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194125,"accession_number":"0001104659-24-130504","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["2.06","8.01","9.01"],"status":"ready","headline":"AAR CORP. to divest Landing Gear Overhaul business to GA Telesis for $51M; expects ~$60M impairment charge","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Divestiture valued at $51 million; expected close in Q1 2025 subject to customary conditions.","Non-cash, pre-tax impairment loss of approximately $60 million to be recognized in fiscal Q3 ending Feb 28, 2025.","Proceeds will be used substantially to repay credit agreement borrowings.","Divestiture immediately accretive to margins and earnings; part of portfolio optimization.","AAR remains prime contractor on U.S. Air Force Landing Gear PBL contract; GA Telesis to perform as subcontractor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194124,"accession_number":"0001104659-24-130236","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-12-19T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"AAR resolves FCPA investigations with DOJ and SEC; agrees to pay $55.6M total","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Total payment of $55.6M includes DOJ penalty of $26.4M, forfeiture of $18.6M, and SEC disgorgement of $23.5M plus $5.8M interest.","One-time charge recorded in fiscal 2025 Q2 ending Nov 30, 2024; funded via cash on hand and revolving credit facility.","Company self-reported potential violations in 2019 and cooperated; DOJ and SEC acknowledged cooperation and remedial actions.","Conduct principally carried out by former employee of a subsidiary and former third-party agents, per resolutions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210441,"accession_number":"0001104659-24-102051","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-09-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR Q1 FY2025 sales up 20% to $662M; adj. EPS $0.85 vs $0.78","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.50 vs loss of $0.02 in prior-year quarter; adjusted EPS $0.85 vs $0.78.","Sales growth of 20% in both commercial and government segments; commercial sales 71% of total.","Adjusted operating margin improved to 9.1% from 7.3% primarily due to Product Support acquisition.","Received two $1.2B NAVAIR IDIQ contracts for P-8A depot maintenance and four support agreements with Ontic.","Net debt $942.7M; net leverage 3.31x last-twelve-months adjusted EBITDA; $52.5M remaining on share repurchase program."],"consensus_eps_estimate":null,"consensus_eps_actual":0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":661700000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210440,"accession_number":"0001104659-24-100620","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-09-17T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"AAR Corp. stockholders elect directors, approve pay, ratify KPMG at 2024 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected three Class I directors: Boyce, Nolen, Vogel; Boyce had 8.58M against votes.","Advisory vote on fiscal 2024 executive compensation approved: 30.09M for, 2.15M against.","Ratified KPMG as auditor for FY2025: 32.85M for, 1.24M against, 7k abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210437,"accession_number":"0001104659-24-100617","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K/A","filed_at":"2024-09-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AAR Corp. appoints Jeffrey N. Edwards to three board committees","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeffrey N. Edwards appointed to Audit, Nominating and Governance, and Executive Committees.","Appointment effective September 17, 2024, filling vacancies from his March 2024 board entry.","No other changes to board composition or executive leadership disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210439,"accession_number":"0001104659-24-096925","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR CORP. posts investor presentation for Gabelli symposium; no specific financial updates disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Company posted investor presentation on its website ahead of 30th Annual Gabelli Aerospace & Defense Symposium.","CFO Sean Gillen to speak at the event on September 5, 2024 at 12:15 p.m. ET.","Presentation furnished as Exhibit 99.1; no financial results or guidance changes announced in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210438,"accession_number":"0001104659-24-080853","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"AAR reports Q4 record sales $657M, adj EPS $0.88; raises margin targets","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 sales $656.5M (+19% YoY); GAAP EPS $0.26 vs $0.66; adjusted EPS $0.88 vs $0.83.","Full year sales $2.3B (+17%); GAAP EPS $1.29 vs $2.52; adjusted EPS $3.33 vs $2.86.","Q4 adjusted operating margin 9.3% (+150bps YoY); full year adj op margin 8.3% (+80bps).","Raises 3-5yr targets: adj op margin to 10.5-11.5%+ (from 9-10%+); adj EPS growth 10-15%+.","Net leverage 3.30x; Q4 operating cash flow $24.5M; $52.5M remaining on buyback program."],"consensus_eps_estimate":null,"consensus_eps_actual":1.29,"consensus_revenue_estimate":null,"consensus_revenue_actual":2318900000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228767,"accession_number":"0001104659-24-075153","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-06-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Anthony K. Anderson will not stand for re-election at AAR's 2024 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Anderson notified AAR on June 25, 2024 of his decision not to seek re-election.","His term will expire at the annual meeting scheduled for September 17, 2024.","Decision is not the result of any disagreement with the company's operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247418,"accession_number":"0001104659-24-037286","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-03-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR reports record Q3 sales of $567M, adjusted EPS $0.85 up 13% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales $567.3M (+9% YoY); commercial sales up 18% to 70% of mix.","GAAP diluted EPS $0.39 (down from $0.62); adjusted EPS $0.85 (up from $0.75).","Closed acquisition of Triumph Product Support for $725M; financed with $550M 6.75% senior notes due 2029.","Adjusted operating margin expanded to 8.3% from 7.6% YoY; gross margin 19.4%.","Cash from ops $20.4M; net debt $207.8M, net leverage 0.95x."],"consensus_eps_estimate":null,"consensus_eps_actual":1.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":1662400000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247417,"accession_number":"0001104659-24-036764","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-03-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AAR elects Jeffrey N. Edwards to Board of Directors, effective March 19, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeffrey N. Edwards elected to AAR's Board as Class II independent director, increasing board size to 12.","Edwards brings 40+ years financial services experience; currently Partner & Vice Chairman at New Vernon Capital, former Merrill Lynch CFO.","He will receive $95,000 annual retainer and 492 shares of pro-rata restricted stock vesting June 1, 2024.","Committee appointments for Edwards have not been determined as of the filing date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247416,"accession_number":"0001104659-24-029986","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["1.01","2.01","2.03","7.01","8.01","9.01"],"status":"ready","headline":"AAR completes $725M acquisition of Triumph Group's Product Support business","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition closed March 1, 2024 for $725 million in cash, subject to customary adjustments.","Financed with $550 million of 6.750% Senior Notes due 2029 and borrowings under amended credit facility.","Revolving credit facility upsized from $620 million to $825 million; AAR drew approximately $186.2 million.","Acquisition adds over 700 team members and expands AAR's repair capabilities and APAC footprint.","Notes issued by Escrow Issuer, then merged into AAR; guaranteed by domestic subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247415,"accession_number":"0001104659-24-023011","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-02-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AAR Corp commences private financing for Triumph acquisition; HSR clears; Russian judgment reversed","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Commencing private financing of $500M permanent debt; $527.8M drawn under Amended Revolving Credit Facility.","HSR waiting period for Triumph acquisition expired Feb 8, 2024 without FTC action.","Russian Court of Cassation reversed $13M judgment against AAR, remanding VIM-AVIA clawback suit.","Pro forma balance sheet as of Nov 30, 2023: goodwill $350.9M, intangible assets $209.7M.","Filed audited financials of Triumph Product Support Business for year ended Mar 31, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247413,"accession_number":"0001104659-24-004396","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K/A","filed_at":"2024-01-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AAR Corp. appoints Billy Nolen to Aviation Safety and Training Committee","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Billy J. Nolen appointed to the Board's Aviation Safety and Training Committee effective January 16, 2024.","This assignment fills a committee vacancy following his October 2023 appointment to the Board.","No other changes to Board composition or committee assignments were announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247414,"accession_number":"0001104659-24-002165","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2024-01-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR clarifies no role in Alaska Airlines 737 MAX 9 door plug incident","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["AAR issued statement on Jan 8 regarding Jan 5 Alaska Airlines Boeing 737 MAX 9 emergency landing.","AAR did not perform any work on or near the mid-cabin exit door plug of that specific aircraft.","AAR performed only a 2KU Wi-Fi modification on the aircraft from Nov 27 to Dec 7, 2023.","NTSB is investigating the door plug failure; AAR is cooperating with inquiries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":264871,"accession_number":"0001104659-23-128216","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-12-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"AAR to acquire Triumph's Product Support business for $725M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $725M, subject to customary adjustments.","Financing secured with $750M debt commitment from Wells Fargo and Bank of America.","Transaction expected to close in Q2/Q3 2024, subject to HSR and other conditions.","Acquired assets include Triumph's Airborne Structures, Accessory Services, and Asia units."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":264870,"accession_number":"0001104659-23-128211","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-12-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR posts Q2 sales up 16% to $545M; adjusted EPS $0.81 beats $0.69; announces $725M Triumph Product Support acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 sales $545.4M (+16% YoY); GAAP EPS $0.67 (vs $0.64); adjusted EPS $0.81 (vs $0.69, +17%).","Adjusted operating margin 8.1% (11th consecutive quarter of expansion) vs 7.6% prior year.","Agreed to acquire Triumph Group's Product Support business for $725M; deal expected to close later.","Cash from ops $17.4M; net debt $211.9M (leverage 1.01x); no share repurchases in FY2024.","New contract wins: Alaska Airlines MRO, MTU PW2000 parts, Woodward DLA, Pegasus warranty."],"consensus_eps_estimate":null,"consensus_eps_actual":0.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":1095100000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":264869,"accession_number":"0001104659-23-127977","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-12-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR agrees to acquire Triumph Product Support for $725M cash; 20% EBITDA margin","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Deal valued at $725M cash; expected tax benefits of ~$80M present value.","Triumph Product Support FY2024E revenue ~$280M, EBITDA ~$55M (20% margin).","Effective purchase price multiple of 11.7x EBITDA; 9.9x including $10M run-rate cost synergies.","Expected to be accretive to margins and adjusted EPS in first full fiscal year.","Closing targeted in Q1 2024; bridge financing committed; net leverage ~3.0x at close."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":264868,"accession_number":"0001104659-23-108820","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-10-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AAR elects former acting FAA Administrator Billy Nolen to its Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded to 11 members; Nolen fills new Class I director seat effective October 10, 2023.","Nolen brings 30+ years aviation experience; served as acting FAA Administrator and now Chief Safety Officer at Archer Aviation.","Nolen receives annualized retainer of $95,000 and pro-rata restricted stock award of 1,562 shares vesting June 1, 2024.","No committee assignments determined as of filing date; no related-party transactions reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":282059,"accession_number":"0001104659-23-103881","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-09-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AAR Q1 FY2024 sales up 23% to $549.7M; adjusted EPS $0.78 beats prior year $0.61","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted loss per share $0.02 includes $0.70 pension settlement and Russian legal charges.","Parts Supply revenue up 40% YoY; commercial customer sales increased 34%.","Adjusted operating margin improved to 7.3% from 6.9% in prior year.","New multi-year agreements with Moog Inc. and Pall Corporation announced.","Net leverage 1.18x; $57.6M remaining on share repurchase program."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":549700000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":282058,"accession_number":"0001104659-23-103174","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-09-22T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Russian appellate court awards $13M judgment against AAR Corp in VIM-AVIA clawback suit","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["On Sept 19, 2023, Russian Appellate Court reversed trial court's dismissal and awarded $13M total judgment against AAR for four engine purchases.","Trial court had previously awarded $1.8M on one engine and dismissed claims on three; AAR recognized $1.8M charge in Q3 FY2023.","AAR recorded an additional $11.2M charge in Q1 FY2024 for the three engines; total liability of $13M classified as long-term on balance sheet as of Aug 31, 2023.","Company strongly disputes judgment, citing hostile Russian legal environment and US sanctions; may seek further appellate review in Russia."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":282057,"accession_number":"0001104659-23-102272","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"AAR Corp. shareholders approve stock plan increase, re-elect directors at 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders approved amendment to 2013 Stock Plan increasing shares by 1,850,000 (29.0M for, 1.7M against).","Four Class III directors elected: John W. Dietrich, Robert F. Leduc, Duncan J. McNabb, Peter Pace.","Advisory vote on executive compensation approved (30.3M for, 0.4M against); frequency set at one year.","Ratification of KPMG as independent auditor for FY2024 (31.9M for, 0.8M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":282056,"accession_number":"0001104659-23-095679","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-08-28T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"AAR transfers remaining U.S. pension obligations to insurers; expects $25M non-cash charge","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed purchase of group annuity contracts covering ~900 participants, transferring substantially all remaining U.S. pension obligations to American National Insurance.","Transaction funded by Plan assets; no cash contributions from AAR required.","Expects ~$7M surplus Plan assets to fund contributions to a qualified 401(k) plan.","Expects non-cash pre-tax pension settlement charge of ~$25M in Q1 fiscal 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":282055,"accession_number":"0001104659-23-082728","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-07-20T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR holds Investor Day; presentation furnished without specific new financial targets in the filing text","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Company hosted Investor Day on July 20, 2023, in New York City with senior leadership.","Presentation covered strategy, markets, operations, and growth opportunities.","No specific numerical guidance, financial results, or material updates disclosed in the 8-K or exhibit text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":282054,"accession_number":"0001104659-23-082117","cik":1750,"company_name":"AAR CORP","ticker":"AIR","form_type":"8-K","filed_at":"2023-07-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"AAR re-segments into four units; recasts FY22-23 financials by new structure","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Aviation Services split into Parts Supply, Repair & Engineering, Integrated Solutions; Expeditionary Services remains.","FY2023 recast total sales $2,076.8M vs. FY2022 $1,927.7M under new segments.","FY2023 segment operating income: Parts Supply $93.7M, Repair & Engineering $35.3M, Integrated Solutions $30.5M, Expeditionary Services $7.7M.","CODM to evaluate segments based on operating income instead of gross profit; prior periods recast but no change to total net income.","Change reflects how management allocates resources and assesses performance, effective Q1 FY2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4557979526.575518,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-07-19T23:59:59+00:00|282054"}