ATSG Reports Strong Fourth Quarter, 2018 Results

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Air Transport Services Group (ATSG) Tops Q4 EPS by 1c, Revenues Beat

February 27, 2019 5:01 PM EST

Air Transport Services Group (NASDAQ: ATSG) reported Q4 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $280.78 million versus the consensus estimate of $227.72 million.

Joe Hete, President and Chief Executive Officer of ATSG, said that ATSG delivered on its 2018 commitments to meet demand for its freighter aircraft by deploying ten of them during the year, while securing additional assets and businesses to ensure its growth and diversify its customer base far into the future.

Our 2018 Adjusted... More