Air Transport Services Group (ATSG) Misses Q4 EPS by 2c
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ATSG Reports Record 2021 Results
February 24, 2022 4:58 PM EST15 Freighter Leases Drive Operating Cash Flow Growth of 14%, Strong 2022 Outlook
WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the quarter ended December 31, 2021.
Fourth Quarter Results
Revenues $482.4 million, up 21% GAAP EPS (basic) from Continuing Operations $0.60, up $0.56 on pretax earnings of $61 million Adjusted Pretax* earnings $56 million, up 63% Adjusted EPS* $0.52, up $0.16 Adjusted EBITDA* $154.8 million, up... More