Air Transport Services Group, Inc. (ATSG) reported disappointing third-quarter 2024 results wherein both earnings and revenues missed the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of 13 cents lagged the Zacks Consensus Estimate of 19 cents and plunged 59.4% year over year. Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Customer revenues (derived after eliminating internal revenues from total revenues) of $471.3 million missed the Zacks Consensus Estimate of $507.9 m ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 000-50368 Air Transport Services Group, Inc. (Exact name of registrant as specified in its charter) Delaware 26-1631624 (Sta ...

Air Transport Services (ATSG) reported $471.25 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 9.9%. EPS of $0.13 for the same period compares to $0.32 a year ago.The reported revenue represents a surprise of -7.21% over the Zacks Consensus Estimate of $507.86 million. With the consensus EPS estimate being $0.19, the EPS surprise was -31.58%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -31.58%. A quarter ago, it was expected that this air cargo company would post earnings of $0.16 per share when it actually produced earnings of $0.19, delivering a surprise of 18.75%.Over the last four quar ...

Exhibit 99.1 ATSG Reports Third Quarter 2024 Results Generates Strong Cash Flow WILMINGTON, OH, November 8, 2024 - Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium widebody 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 ...

The upcoming report from Air Transport Services (ATSG) is expected to reveal quarterly earnings of $0.19 per share, indicating a decline of 40.6% compared to the year-ago period. Analysts forecast revenues of $507.86 million, representing a decrease of 2.9% year over year.The consensus EPS estimate for the quarter has been revised 0.8% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefra ...

Air Transport Services Group (ATSG) is scheduled to report third-quarter 2024 results on Nov. 8 before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.ATSG has a mixed earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missing twice. The average miss is 7.70%.The Zacks Consensus Estimate for the company’s soon-to-be-reported quarter’s earnings has remained flat at 19 cents per share in the past 60 days.Air Tran ...

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 shareholder ...

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Air Transport Services (ATSG) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.Air Transport Services is one of 135 companies in the Transportation group. The Transportation group currently sits at #8 within the Zacks Sector Rank. The Za ...

Shares of Air Transport Services Group (ATSG) gained 26.4% on Nov. 4, 2024, closing the trading session at $22. The uptick followed the news that ATSG will be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The enterprise valuation of the all-cash transaction is $3.1 billion.Under the terms of this definitive agreement, which was unanimously approved by the company’s board of directors, ATSG’s common shareholders will receive $22.50 per share in c ...