Atlas Air Worldwide Reports First-Quarter 2016 Results
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May 5, 2016 9:29 AM EDT
Atlas Air Worldwide Holdings (NASDAQ: AAWW) is surging 30% in pre-open trade after the company... More
May 5, 2016 8:07 AM EDT
Atlas Air Worldwide Holdings (NASDAQ: AAWW) reported Q1 EPS of $0.31, $0.06 better than the analyst estimate of $0.25. Revenue for the quarter came in at $418.62 million versus the consensus estimate of $419.81 million.
Our first-quarter adjusted EPS was in line with our expectations and our outlook for adjusted EPS growth in 2016, including the immediate earnings contribution we expect from our acquisition of Southern Air Holdings, which we closed on April 7, said William J. Flynn, President and Chief Executive Officer.
As we also announced today, we are excited to begin a strategic, long-term relationship with Amazon.... More
