Air Transport Services Group Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
04 Mar
Air Transport Services Group Inc reports results for the quarter ended December 31 - Earnings Summary
  • Air Transport Services Group Inc ATSG.OQ reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of five analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 20 cents to 39 cents per share.

  • Revenue fell 0% to $516.79 million from a year ago; analysts expected $461.36 million.

  • Air Transport Services Group Inc's reported EPS for the quarter was 21 cents​.

  • The company reported quarterly net income of $14.71 million.

  • Air Transport Services Group Inc shares had risen by 1.6% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is also "buy"

Wall Street's median 12-month price target for Air Transport Services Group Inc is $22.50

This summary was machine generated from LSEG data March 4 at 01:03 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.28

0.40

Beat

Sep. 30 2024

0.17

0.13

Missed

Jun. 30 2024

0.16

0.19

Beat

Mar. 31 2024

0.11

0.16

Beat

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