Atlas Air Worldwide Reports First-Quarter 2017 Results

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Atlas Air Worldwide (AAWW) PT Raised to $70 at Imperial Capital

May 4, 2017 8:42 AM EDT

Imperial Capital raised its price target on Atlas Air Worldwide (NASDAQ: AAWW) to $70.00 (from $60.00) while maintaining a Outperform rating. In its earnings release on 5/3/17, AAWW indicated 2Q17 adjusted net income is expected to increase 15-20%.

Imperial Capital maintained FY17 EPS estimates of... More

Atlas Air Worldwide Holdings (AAWW) Reports In-Line Q1 EPS, Revenue Beat

May 3, 2017 8:11 AM EDT

Atlas Air Worldwide Holdings (NASDAQ: AAWW) reported Q1 EPS of $0.31, in-line with the analyst estimate of $0.31. Revenue for the quarter came in at $475.39 million versus the consensus estimate of $447.81 million.

We are off to an exciting start in 2017, said President and Chief Executive Officer William J. Flynn. We are building on our 2016 achievements and growing our earnings this year.

We will have a full year of contribution from Southern Air and expect a positive impact on... More