Aar reports second quarter fiscal year 2021 results

Wood dale, ill., dec. 17, 2020 (globe newswire) -- aar corp. (nyse: air) today reported second quarter fiscal year 2021 consolidated sales of $403.6 million and income from continuing operations of $14.4 million, or $0.41 per diluted share. for the second quarter of the prior year, the company reported sales of $560.9 million and income from continuing operations of $20.1 million, or $0.57 per diluted share. our adjusted diluted earnings per share from continuing operations in the second quarter of fiscal year 2021 were $0.31 compared to $0.64 in the second quarter of the prior year. current quarter results included net pretax adjustments of $4.7 million, or $0.10 per share, primarily related to the exclusion of cares act support partially offset by contract restructuring and exit costs.
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