ATSG Reports First Quarter 2024 Results

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Air Transport Services Group (ATSG) Tops Q1 EPS by 5c, Offers Guidance

May 6, 2024 4:53 PM EDT

Air Transport Services Group (NASDAQ: ATSG) reported Q1 EPS of $0.16, $0.05 better than the analyst estimate of $0.11. Revenue for the quarter came in at $485.5 million versus the consensus estimate of $485.92 million.

GUIDANCE:

Air Transport Services Group sees FY2024 EPS of $0.55-$0.80, versus the consensus of $0.70.

Taking into account the flying opportunities from ten more Amazon 767 freighters, ATSG expects Adjusted EBITDA of approximately $516 million... More