ATSG Reports Strong First Quarter 2020 Results
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Air Transport Services Group (ATSG) Tops Q1 EPS by 11c, Revenues Beat
May 5, 2020 5:18 PM EDTAir Transport Services Group (NASDAQ: ATSG) reported Q1 EPS of $0.43, $0.11 better than the analyst estimate of $0.32. Revenue for the quarter came in at $389.3 million versus the consensus estimate of $368.39 million.
Joe Hete, Chief Executive Officer of ATSG, said, "The flexibility and resilience of ATSGs business model again proved its value, as the company responded to rapidly changing business conditions with the speed and attention to detail that its customers demand, while generating solid financial results overall. As an example, our aircraft maintenance technicians on short notice completed avionics adjustments to the New... More
