pluem05/iStock via Getty Images The air cargo market has had some sharp ups and downs since I last covered Air Transport Services Group (NASDAQ:ATSG), and honestly, there’s been more downs than ups. While companies throughout the logistics chain scrambled to add capacity as air cargo demand soared (in part due to a major step up in e-commerce, also in part due to limitations on other carriage types), those additions overshot the mark and end-customer demand weakness has compounded that issue. Air Transp ...

Air Transport Services Group, Inc.’s (ATSG) efforts to expand and upgrade its fleet are commendable. Decreasing operating costs also bode well for the company’s bottom line. Owing to the tailwinds, ATSG shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Factors That Make ATSG Stock Worth Betting OnRobust Stock Price Performance: A look at the company’s price trend reveals that its shares have risen 6.1% in the past 30 day ...

Air Transport Services (ATSG) closed the last trading session at $15.52, gaining 1.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $20 indicates a 28.9% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $5.48. While the lowest estimate of $14 indicates a 9.8% decline from the current price level, the most optimistic analyst e ...

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 June 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 (State or other ...

Air Transport Services Group, Inc. (NASDAQ:ATSG) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Joe Hete - Executive Chairman Mike Berger - Chief Executive Officer Quint Turner - CFO Jeffrey Dominick - President Conference Call Participants Frank Galanti - Stifel Christopher Stathoulopoulos - SIG Michael Ciarmoli - Truist Securities Isaac Sellhausen - Oppenheimer Ben Rubenstein - Robotti & Company Operator Good day, and thank you for standing ...

2Q 2024 QUARTERLY PRESENTATION JOE HETE l EXECUTIVE CHAIRMAN MIKE BERGER l CEO JEFFREY DOMINICK l PRESIDENT JOE PAYNE l CLO QUINT TURNER l CFO AIR TRANSPORT SERVICES GROUP 2 SAFE HARBOR STATEMENT Throughout this presentation, Air Transport Services Group, Inc. ("ATSG") makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended (the "Act"). Except for historical information contained herein, the matters discussed in this presentation contain ...

Air Transport Services Group’s (ATSG) second-quarter 2024 earnings (excluding 8 cents from non-recurring items) of 19 cents per share surpassed the Zacks Consensus Estimate of 16 cents but plunged 66.7% year over year.  Customer revenues (derived after eliminating internal revenues from total revenues) of $488.4 million missed the Zacks Consensus Estimate of $512.3 million and fell 7.7% year over year.ATSG primarily operates through the following reporting segments, namely Cargo Aircraft Management or CAM a ...

Air Transport Services (ATSG) reported $488.41 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 7.7%. EPS of $0.19 for the same period compares to $0.57 a year ago.The reported revenue represents a surprise of -4.67% over the Zacks Consensus Estimate of $512.33 million. With the consensus EPS estimate being $0.16, the EPS surprise was +18.75%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

Air Transport Services (ATSG) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this air cargo company would post earnings of $0.13 per share when it actually produced earnings of $0.16, delivering a surprise of 23.08%.Over the last four quart ...

Exhibit 99.1 1 ATSG Reports Second Quarter 2024 Results Raises 2024 Adjusted EBITDA Outlook Generates Strong Free Cash Flow Leases Four Boeing 767 Freighters to Customers since June 30 WILMINGTON, OH, August [ ], 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 second quarter ended June 30, 2024. Those results, as compared wit ...