Air Transport Services (US:ATSG) ZACKS·2025-03-04 00:00Group 1 - Air Transport Services (ATSG) reported quarterly earnings of $0.40 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and showing an increase from $0.18 per share a year ago, representing an earnings surprise of 14.29% [1] - The company posted revenues of $516.79 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.78%, although this is a slight decrease from year-ago revenues of $517.04 million [2] - Over the last four quarters, ATSG has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2 - The stock's immediate price movement will depend on management's commentary during the earnings call and the sustainability of earnings expectations [3][4] - ATSG shares have increased by approximately 1.6% since the beginning of the year, compared to a 1.2% gain in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.27 on revenues of $503.11 million, and for the current fiscal year, it is $1.14 on revenues of $2.08 billion [7] Group 3 - The Zacks Industry Rank indicates that the Transportation - Air Freight and Cargo sector is currently in the bottom 11% of over 250 Zacks industries, which may impact ATSG's stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6] - The current estimate revisions trend for ATSG is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]