Air Transport Services Group

Air Transport Services Group, Inc. engages in the provision of airline operations, aircraft leases, aircraft maintenance, and other support services primarily to the cargo transportation and package delivery industries. It operates through the CAM and ACMI Services segments. The CAM segment consists of the company's aircraft leasing operations. The ACMI Services segment involves the company's airline operations. The company was founded on April 16, 1980 and is headquartered in Wilmington, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ATSG surpasses 2022 financial goals, eyes growth amid challenges

ATSG's 2022 performance exceeded expectations, with a focus on growth and resilience in the face of challenges.
The company's strategic guidance for 2023 indicates a proactive approach to capital investments and revenue targets.
Despite market concerns, ATSG remains optimistic about future growth, supported by strong customer relationships and operational efficiency.

Air Transport Services Group reports revenue growth amidst inflation challenges

ATSG's Q1 2023 performance reflects revenue growth and adjusted free cash flow resilience amidst inflationary challenges.
The company faces challenges in the ACMI Services segment due to cost pressures and maintenance spikes, offset by long-term contract strategies.
Opportunities lie in future EBITDA growth driven by lease order book, rate increases, and strong demand for aircraft conversions.
Overall, ATSG maintains a strong position with a successful business strategy and confidence in future earnings and cash flow growth.

ATSG reports revenue growth and strategic focus on shareholder returns

ATSG's Q2 performance reflects revenue growth, stable EBITDA, and a focus on shareholder returns and operational efficiencies.
Despite challenges in CAM's lower pretax earnings and analyst inquiries, ATSG remains committed to optimizing fleet performance and capital returns.
Opportunities in e-commerce, emerging markets, and strategic industry positioning guide ATSG's focus on generating superior returns for investors.

ATSG reports mixed Q3 results, focuses on flexibility and growth

ATSG's Q3 performance showed revenue growth but declines in earnings, with a focus on managing challenges and seizing opportunities for future growth.
The company's strengths lie in its commitment to long-term goals, stable liquidity position, and strong collateral value.
Challenges include operational issues, pilot attrition, and market uncertainties, while opportunities exist in asset deployment and aircraft conversions.

Air Transport Services Group reports Q4 challenges, eyes leasing opportunities

ATSG faces challenges from lower demand and lease returns impacting financials, but aims to capitalize on leasing opportunities and generate positive cash flow. The company provided a conservative EBITDA guidance for 2024 while focusing on aligning business scale with demand and reducing debt to enhance flexibility.

ATSG raises EBITDA guidance amidst revenue decline and growth opportunities

ATSG's Q1 2024 performance saw revenue decline, but adjusted EBITDA guidance was raised by $10 million.
The company faces challenges with A321s and GTF engine issues, while maintaining labor stability and pursuing growth opportunities.
Opportunities lie in the strong demand for 767-300 and A330 aircraft, market trends in e-commerce, and potential EBITDA upside.
ATSG aims to generate cash flow for investments and be free cash flow positive for the year.

ATSG reports Q2 earnings decline but anticipates strong 2024 outlook

ATSG's Q2 performance reflected challenges in revenues and adjusted earnings but highlighted strengths in milestone achievements and financial outlook.
The company's focus on financial discipline, efficiency, and liquidity positions it well for future growth opportunities amidst operational and industry challenges.
Key areas of focus include reducing adjusted EBITDA leverage ratio, maintaining healthy liquidity, and capitalizing on growth prospects in the freighter market.
Ongoing discussions on labor negotiations, aircraft conversions, and financial strategies underscore the company's proactive approach to addressing challenges and seizing opportunities.

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The mean of analysts' price targets for Air Transport Services (ATSG) points to a 27.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Air Transport Services (ATSG) Have the Potential to Rally 27.9% as Wall Street Analysts Expect?

Air Transport Services Group was initiated at outperform by Oppenheimer, with the bank focusing on expansion opportunities in e-commerce. The company has a large fleet of fuel-efficient cargo planes and a partnership with Amazon.

Why Air Transport Services Stock Is Gaining Altitude Today

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the global leader in medium wide-body freighter aircraft leasing, contracted air transportation, and related services today announced that it will host an Investor Day on September 27, 2023, at 8:00 a.m. EDT live from the NASDAQ Exchange in New York, N.Y. The event also will be livestreamed. The event will feature presentations from ATSG's executive leadership team, who will share an update on the Company's vi.

Air Transport Services Group to Host Investor Day

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that it will webcast a fireside chat at the TD Cowen Global Transportation Conference in Boston on Wednesday, September 6, 2023, at 1:40 p.m. Eastern Time. TD Cowen equity analyst Helane Becker will lead a 30-minute fireside chat discussion with ATSG President and CEO Rich Corrado and VP & Controller Matt Fedders. They will discuss the Company's business model and growth strategy as the lead.

ATSG to Webcast Fireside Chat at the TD Cowen 2023 Global Transportation Conference

ATSG stock saw a 23% drop in May, the stock has subsequently gained 45% as expected. ATSG has reduced CapEx forecast for 2023, on lower demand for converted freighters. Current share prices still do offer some upside.

Air Transport Services Group: Upside Remains After A 45% Surge

E-commerce growth drives demand for Air Transport Services' (ATSG) mid-size air freighters.

Here's Why You Must Bet on Air Transport Services (ATSG) Now

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced the pricing of its offering of convertible senior notes due 2029 in a private offering to qualified institutional buyers.

Air Transport Services Group, Inc. Prices $350 Million Convertible Senior Notes Offering

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced its intention to offer convertible senior notes due 2029 in a private offering to qualified institutional buyers.

Air Transport Services Group, Inc. Announces Proposed Convertible Senior Notes Offering

Air Transport Services (ATSG) second-quarter 2023 earnings decrease year over year while revenues increase.

Air Transport Services (ATSG) Stock Up 19.5% on Q2 Earnings Beat

ATSG beat estimates in the most recent quarter and raised full-year earnings guidance. The company is rapidly growing its fleet of midsize freighter aircraft in response to e-commerce demand.

Why Air Transport Services Stock Is Flying Higher Today

Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Air Transport Services (ATSG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Air Transport Services (ATSG) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.59 per share a year ago.

Air Transport Services (ATSG) Tops Q2 Earnings and Revenue Estimates

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 second quarter ended June 30, 2023. Those results, as compared with the same quarter in 2022 were as follows: Second Quarter 2023 Results Revenues of $529 million, up 4% GAAP EPS (basic) from Continuing Operations of $0.54, down $0.19 Adjusted EPS.

ATSG Reports Second Quarter 2023 Results

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will release its second-quarter 2023 financial results after close of market on Thursday, August 3, 2023. ATSG will host an investor conference call to review the results on Friday, August 4, 2023, at 10:00 a.m. EDT. Conference call participants must register via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Slides that accompany management's discuss.

ATSG to Release Second Quarter 2023 Results

High fuel costs and a reduction in the use of cargo aircraft hurt Air Transport Services (ATSG).

Here's Why You Should Sell Air Transport Services (ATSG) Now

Rising operating costs and anticipated reduction in cargo aircraft for 2023 hurt Air Transport (ATSG).

Air Transport (ATSG) Falls 45% in the Past Year: Here's How

Air Transport Services' (ATSG) first-quarter 2023 earnings decrease year over year while revenues increase.

Air Transport Services (ATSG) Lags on Q1 Earnings & Revenues

Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Rich Corrado - President and CEO Quint Turner - CFO Mike Berger - CSO Conference Call Participants Jack Atkins - Stephens Helane Becker - TD Cowen Frank Galanti - Stifel Chris Stathoulopoulos - Susquehanna Financial Michael Ciarmoli - Truist Operator Thank you for standing by, and welcome to the Air Transport Services Group First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Air Transport Services Group, Inc. (ATSG) Q1 2023 Earnings Call Transcript

Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Air Transport Services (ATSG) Reports Q1 Earnings: What Key Metrics Have to Say

Air Transport Services (ATSG) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.56 per share a year ago.

Air Transport Services (ATSG) Q1 Earnings and Revenues Lag Estimates

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 March 31, 2023. Those results, as compared with the same quarter in 2022 were as follows: First Quarter 2023 Results Revenues $501 million, up 3% GAAP EPS (basic) from Continuing Operations $0.28, down $0.39 GAAP Pretax Earnings from.

ATSG Reports First Quarter 2023 Results

Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Air Transport Services (ATSG) Q1 Earnings Expected to Decline

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Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. FDX and ATSG are well-poised to capitalize on the bullishness.

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WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host an investor conference call on May 5, 2023, at 10 a.m. EDT to review financial results for the first quarter ended March 31, 2023.

ATSG to Host First Quarter 2023 Investor Conference Call

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According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks that have high number of unique insider buys over the past three months are Air Transport Services Group Inc. ( ATSG , Financial), Beyond Air Inc. ( XAIR , Financial), Charles Schwab Corp. ( SCHW , Financial), Valley National Bancorp ( VLY , Financial) and NewtekOne Inc. ( NEWT , Financial).

News for Air Transport Services Group Stock (ATSG)