Air Transport Services Group (ATSG) Q4 Revenue Tops Views
Air Transport Services Group (NASDAQ: ATSG) reported Q4 EPS of $0.90, $0.63 better than the analyst estimate of $0.27. Revenue for the quarter came in at $323 million versus the consensus estimate of $271.92 million.
| Adjusted Earnings from Continuing Operations exclude, among other items, a $59.9 million benefit from the effects of the 2017 Tax Cuts and Jobs Act on ATSG’s net deferred tax liabilities at the end of 2017, and $14.9 million in net gains from warrants issued to Amazon.com Service, Inc. Adjusted Earnings and other adjusted amounts referenced below are non-GAAP financial measures, and are reconciled to GAAP results in a table later in this release. |
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