Profile
Sector:
IndustrialsIndustry:
AirlinesCountry:
United StatesIPO:
23 July 2003Website:
http://www.atsginc.comNext earnings report:
26 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 21:02:41 GMTDividend
Analysts recommendations
Institutional Ownership
ATSG Latest News
Air Transport Services' third-quarter 2024 earnings and revenues decrease year over year.
While the top- and bottom-line numbers for Air Transport Services (ATSG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Air Transport Services (ATSG) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 per share a year ago.
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the third quarter ended September 30, 2024. Those results, as compared with the same period in 2023, were as follows: Third Quarter Results Revenues of $471 million, versus $523 million GAAP Loss per Share from Continuing Operations of ($0.0.
Air Transport Services Group's third-quarter results are expected to be boosted by robust cost-cutting initiatives and a strong demand scenario.
NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Air Transport Services Group, Inc. (Nasdaq: ATSG ), relating to a proposed merger with Stonepeak Nile Parent LLC. Under the terms of the agreement, Air Transport Services Group shareholders will receive $22.50 per share of Air Transport Services Group Common Stock they own.
Here is how Air Transport Services (ATSG) and Corporacion America Airports S.A. (CAAP) have performed compared to their sector so far this year.
Air Transport Services (ATSG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Air Transport Services Group, Inc. (NASDAQ: ATSG) and its board of directors concerning the proposed acquisition of the company by Stonepeak. Stockholders will receive $22.50 for each share of Air Transport Services Group stock that they hold.
Air Transport Services Group said on Monday it was being acquired by investment firm Stonepeak in a deal valued at $3.1 billion, including debt, sending the aircraft lessor's shares up 22.9% before the bell.
What type of business is Air Transport Services?
Air Transport Services Group (ATSG) is an American aviation holding company that provides cargo air transportation and related services to domestic and foreign airlines and other companies that outsource their cargo air transportation requirements. ATSG is the world's largest lessor of converted Boeing 767 freighter aircraft through its leasing subsidiary, Cargo Aircraft Management. Through its major subsidiaries, including three airlines with separate and distinct FAA Part 121 air carrier certificates in the U.S., ATSG provides aircraft leasing, cargo air transportation, passenger transportation and charter services, aircraft maintenance services, and ground services at airports. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.
What sector is Air Transport Services in?
Air Transport Services is in the Industrials sector
What industry is Air Transport Services in?
Air Transport Services is in the Airlines industry
What country is Air Transport Services from?
Air Transport Services is headquartered in United States
When did Air Transport Services go public?
Air Transport Services initial public offering (IPO) was on 23 July 2003
What is Air Transport Services website?
https://www.atsginc.com
Is Air Transport Services in the S&P 500?
No, Air Transport Services is not included in the S&P 500 index
Is Air Transport Services in the NASDAQ 100?
No, Air Transport Services is not included in the NASDAQ 100 index
Is Air Transport Services in the Dow Jones?
No, Air Transport Services is not included in the Dow Jones index
When was Air Transport Services the previous earnings report?
No data
When does Air Transport Services earnings report?
The next expected earnings date for Air Transport Services is 26 February 2025