Aar reports third quarter fiscal year 2022 results

Wood dale, ill., march 22, 2022 (globe newswire) -- aar corp. (nyse: air) today reported third quarter fiscal year 2022 consolidated sales of $452.2 million and income from continuing operations of $22.6 million, or $0.63 per diluted share. for the third quarter of the prior year, the company reported sales of $410.3 million and income from continuing operations of $31.1 million, or $0.87 per diluted share. our adjusted diluted earnings per share from continuing operations in the third quarter of fiscal year 2022 were $0.63 compared to $0.37 in the third quarter of the prior year. the prior year quarter included net pretax adjustments of $23.4 million, or $0.50 per share, primarily related to the exclusion of cares act payroll support.
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