767 Freighter Leases, Airlines Drive ATSG Growth in Second Quarter

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Air Transport Services Group (ATSG) PT Lowered to $28 at Cowen; Buy on Pullback

August 8, 2018 7:20 AM EDT

Cowen lowered its price target on Air Transport Services Group (NASDAQ: ATSG) to $28.00 (from $30.00) while maintaining an Outperform rating, but said the pullback creates a buying opportunity.

Analyst Helane Becker commented, "We believe the sell off in ATSG's shares following the company's 2Q18... More

Air Transport Services Group (ATSG) Reports In-Line Q2 EPS

August 6, 2018 4:16 PM EDT

Air Transport Services Group (NASDAQ: ATSG) reported Q2 EPS of $0.28, in-line with the analyst estimate of $0.28. Revenue for the quarter came in at $203.6 million versus the consensus estimate of $209.14 million.

GUIDANCE:

ATSG continues to expect Adjusted EBITDA from Continuing Operations for 2018 of approximately $310 million, up 16 percent from 2017, as its aircraft... More