Air Transport (ATSG) Q2 Earnings Beat Estimates & Revenues Lag

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 ...