AAR CorpAAR reported strong Q1 revenue beat of 4.1% and 25.3% YoY growth.
The 15 aerospace stocks tracked by StockStory reported a very strong first quarter, with aggregate revenues beating analysts' consensus estimates by 1.9%. AAR led with revenues of $845.1 million, up 25.3% year on year and exceeding expectations by 4.1%, while Rocket Lab delivered the fastest revenue growth among its peers at $200.3 million, a 63.5% increase that beat estimates by 4.9%. Woodward reported $1.09 billion in revenues, up 23.4% and surpassing expectations by 8.5%, and Curtiss-Wright posted $913.7 million, up 13.4% and beating by 5.1%. AerSale was the weakest performer, with revenues of $70.61 million falling short of analysts' expectations by 18.9%. Next quarter's revenue guidance for the group came in 0.7% below estimates, but aerospace stocks have performed well, with share prices up 13.2% on average since the latest earnings results.
AAR CorpAAR reported strong Q1 revenue beat of 4.1% and 25.3% YoY growth.
AerSale CorpAerSale missed revenue expectations by 18.9%, the weakest performer.
Woodward IncWoodward reported revenue beat of 8.5% and 23.4% YoY growth.
Curtiss-Wright CorporationCurtiss-Wright posted revenue beat of 5.1% and 13.4% YoY growth.
Rocket Lab USA Inc.Rocket Lab delivered fastest revenue growth at 63.5% YoY and beat by 4.9%.