ATSG Reports Third Quarter 2019 Results
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Air Transport Services Group (ATSG) Tops Q3 EPS by 5c, Revenues Beat
November 6, 2019 4:48 PM ESTAir Transport Services Group (NASDAQ: ATSG) reported Q3 EPS of $0.31, $0.05 better than the analyst estimate of $0.26. Revenue for the quarter came in at $366.07 million versus the consensus estimate of $339.84 million.
Joe Hete, Chief Executive Officer of ATSG, said, "Demand for our aircraft and flight operations continued to accelerate in the third quarter, pointing toward a strong peak period of non-payload-sensitive flying for our air express network customers as we deploy more 767 freighters. Flight operations for the U.S. Department of Defense and passenger charter customers were also strong."
Outlook
ATSG continues to... More
