Air Transport Companies (ATSG) This fall Earnings and Revenues High Estimates

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Air Transport Companies (ATSG) This fall Earnings and Revenues High Estimates

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Air Transport Companies (ATSG) got here out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.36 per share a yr in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of 30.23%. 1 / 4 in the past, it was anticipated that this air cargo firm would put up earnings of $0.27 per share when it truly produced earnings of $0.31, delivering a shock of 14.81%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.

Air Transport Companies, which belongs to the Zacks Transportation – Air Freight and Cargo trade, posted revenues of $403.35 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 10.99%. This compares to year-ago revenues of $280.78 million. The corporate has topped consensus income estimates 4 instances over the past 4 quarters.



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