Atlas Air Worldwide Reports Strong First-Quarter 2021 Results

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Atlas Air Worldwide Holdings (AAWW) Tops Q1 EPS by 65c

May 5, 2021 8:05 AM EDT

Atlas Air Worldwide Holdings (NASDAQ: AAWW) reported Q1 EPS of $2.45, $0.65 better than the analyst estimate of $1.80. Revenue for the quarter came in at $861.3 million versus the consensus estimate of $823.35 million.

GUIDANCE:

Atlas Air Worldwide Holdings sees Q2 2021 revenue of $950 million, versus the consensus of $795 million.

We expect to fly approximately 90,000 block hours in the second quarter of 2021, with revenue of approximately $950 million, and adjusted EBITDA of about $210 million. In addition, we expect... More