Aviation and defense services provider AAR CORP (NYSE: AIR) will be announcing earnings results tomorrow after market close. Here’s what to expect.

AAR beat analysts’ revenue expectations by 7.4% last quarter, reporting revenues of $739.6 million, up 11.8% year on year. It was an exceptional quarter for the company, with a solid beat of analysts’ adjusted operating income estimates and an impressive beat of analysts’ revenue estimates.

Is AAR a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting AAR’s revenue to grow 11% year on year to $761.6 million, slowing from the 25.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.04 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. AAR has missed Wall Street’s revenue estimates four times over the last two years.

With AAR being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for aerospace and defense stocks. However, there has been positive investor sentiment in the segment, with share prices up 3.5% on average over the last month. AAR is up 8.5% during the same time and is heading into earnings with an average analyst price target of $93.80 (compared to the current share price of $88.10).

P.S. STOP buying the AI stocks everyone's talking about. The real money? It’s in the profitable pick nobody’s watching yet. We’ve identified an AI profit machine that’s flying under Wall Street’s radar—for now. We can’t keep this research public forever—grab your FREE copy before we pull it offline. GO HERE NOW.