Atlas Air Worldwide Holdings (NASDAQ:AAWW) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 2.46 per share from revenue of $ 797.20 million.
Looking ahead, the full year income are expected at $ 11.93 per share on the revenues of $ 3071.98 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 800.00 million ~ $ 800.00 million
Full Year 2020 topline are forecasted in a range of$ 2,800.00 million ~ $ 2,800.00 million
Click Here For More Historical Outlooks Of Atlas Air Worldwide Holdings
Previous Quarter Performance
Atlas Air Worldwide Holdings announced income for the second quarter of $ 4.71 per share, from the revenue of $ 825.25 million. The quarterly earnings swell 2,670.59 percent while revenues raised 24.30 percent compared with the same quarter last year.
The consensus estimates are income of $ 2.13 per share from $ 754.55 million in revenue. The bottom line results beat street analysts by $ 2.58 or 121.13 percent, at the same time, top line results outshined analysts by $ 70.70 million or 9.37 percent.
Stock Performance
Shares of Atlas Air Worldwide Holdings traded low $ -0.05 or -0.08 percent on Wednesday, reaching $ 62.13 with volume of 446.30 thousand shares. Atlas Air Worldwide Holdings has traded high as $ 63.70 and has cracked $ 61.60 on the downward trend
The closing price of $ 62.13, representing a 315.36 % increase from the 52 week low of $ 14.97 and a 9.99 % decrease over the 52 week high of $ 69.08.
The company has a market capital of $ 1.62 billion and is part of the Industrials sector and Airports & Air Services industry.
Conference Call
Atlas Air Worldwide Holdings will be hosting a conference call at 11:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.atlasair.com
Atlas Air Worldwide Holdings, Inc., through its subsidiaries, provides outsourced aircraft and aviation operating services. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions, including contractual service arrangements, such as the provision of aircraft; and value-added services, including crew, maintenance, and insurance to aircraft and other customers.
