Air Transport Services Group (ATSG) Misses Q3 EPS by 1c

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Go back to Air Transport Services Group (ATSG) Misses Q3 EPS by 1c

ATSG Continues Revenue and Earnings Growth in Third Quarter

November 1, 2018 5:00 PM EDT

Revenues increase 13 percent excluding 2017 reimbursables Adjusted EPS increases 41 percent, or 9 cents per share Adjusted EBITDA up 13 percent

WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, today reported consolidated financial results for the quarter ended September 30, 2018.

3Q 2018 customer revenues were $204.9 million based on revenue recognition standards adopted in 2018. 3Q 2017 revenues were $182.0 million excluding $72.1 million in revenues from reimbursed expenses.... More