Air Transport Services Group, Inc (NASDAQ:ATSG) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.31 per share.
For the full year, analysts predict revenues of $ 1554.50 million, while looking forward to income of $ 1.56 per share.
Previous Quarter Performance
Air Transport Services Group, Inc disclosed income for the second quarter of $ 0.47 per share, from the revenue of $ 377.79 million. Wall street analysts are predicting, ATSG to report 2Q20 income of $ 0.29 per share from revenue of $ 367.65 million. The bottom line results beat street analysts by $ 0.18 or 62.07 percent, at the same time, top line results outshined analysts by $ 10.14 million or 2.76 percent.
Stock Performance
Shares of Air Transport Services Group, Inc traded low $ -1.42 or -4.80 percent on Wednesday, reaching $ 28.15 with volume of 1.00 million shares. Air Transport Services Group, Inc has traded high as $ 29.05 and has cracked $ 27.92 on the downward trend
According to the previous trading day, closing price of $ 28.15, representing a 124.02 % increase from the 52 week low of $ 13.20 and a 1.7 % decrease over the 52 week high of $ 30.08.
The company has a market capital of $ 1.68 billion and is part of the Services sector and Air Delivery & Freight Services industry.
Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, freight forwarders, and the U.S.
