Air Transport Services Group (ATSG) is currently grappling with a host of intricate challenges, a scenario that we believe has significantly diminished its attractiveness as an investment opportunity.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 65% downward over the past 60 days. For the current year, the consensus mark for earnings has moved 56.5% south in the same time frame. The highly unfavorable estimate revisions in ...

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ: ATSG) today announced that it has commenced a new lease agreement with DHL Network Operations (USA), Inc. under which ATSG’s Cargo Aircraft Management (CAM) has leased a 767-300 freighter aircraft to DHL to operate within DHL’s global network. “ As one of our longest leasing relationships, we take pride in identifying opportunities to enhance capacity within the DHL network,” said Paul Chase, chief commercial officer of ATSG. “ ...

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that its charitable giving in 2023 topped $980,000, a fifteen percent increase over the prior year total. This record-breaking sum reflects the company’s commitment to supporting the communities it serves and its belief in the power of corporate social responsibility. The company’s charitable giving in 2023 included: Over $308,000 raised through employee giving campaigns. Employees throughout the corporat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ 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 registra ...

4Q 2023 ATSG QUARTERLY PRESENTATION JOE HETE l CEO JOE PAYNE l CLO MIKE BERGER l PRESIDENT QUINT TURNER l CFO Slide l 1 AIR TRANSPORT SERVICES GROUP ...

Air Transport Services Group, Inc. (NASDAQ:ATSG) Q4 2023 Earnings Conference Call February 27, 2024 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Joe Hete - Chief Executive Officer Quint Turner - Chief Financial Officer Mike Berger - President Paul Chase - Chief Commercial Officer Conference Call Participants Christopher Stathoulopoulos - Susquehanna Financial Group Ian Zaffino - Oppenheimer Helane Becker - TD Cowen Frank Galanti - Stifel Adam Ritzer - L. L. Capital Operator Good day, and ...

Air Transport Services Group, Inc. (ATSG) reported disappointing fourth-quarter 2023 results wherein both earnings and revenues lagged the Zacks Consensus Estimate.Quarterly earnings per share (EPS) (excluding 41 cents from non-recurring items) of 18 cents missed the Zacks Consensus Estimate of 29 cents and declined 66% year over year.  Revenues of $517 million lagged the Zacks Consensus Estimate of $521 million and fell 3% year over year.Air Transport Services’ total fleet in service included 130 aircraft ...

For the quarter ended December 2023, Air Transport Services (ATSG) reported revenue of $517.04 million, down 3% over the same period last year. EPS came in at $0.18, compared to $0.53 in the year-ago quarter.The reported revenue represents a surprise of -0.77% over the Zacks Consensus Estimate of $521.04 million. With the consensus EPS estimate being $0.29, the EPS surprise was -37.93%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

ATSG Reports Fourth Quarter and Full-Year 2023 Results Projects sharply lower 2024 capital expenditures, improving cash flow WILMINGTON, OH, February 26, 2024 - 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 quarter and year ended December 31, 2023. Those results, as compared with the same periods in 2022, were as follows: Fourth ...

The upcoming report from Air Transport Services (ATSG) is expected to reveal quarterly earnings of $0.29 per share, indicating a decline of 45.3% compared to the year-ago period. Analysts forecast revenues of $521.04 million, representing a decrease of 2.3% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prio ...