Air Transport Services Group (NASDAQ:ATSG – Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided EPS guidance of 0.550-0.800 for the period, compared to the consensus EPS estimate of 0.700. The company issued revenue guidance of -. Air Transport Services Group also updated its FY24 guidance to $0.55-0.80 EPS.
Air Transport Services Group Stock Up 1.3 %
Shares of Air Transport Services Group stock traded up $0.17 on Monday, hitting $13.25. The company had a trading volume of 798,731 shares, compared to its average volume of 611,177. Air Transport Services Group has a twelve month low of $11.62 and a twelve month high of $24.96. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.86 and a quick ratio of 0.74. The stock has a 50-day moving average of $12.83 and a 200-day moving average of $15.10. The firm has a market capitalization of $870.26 million, a P/E ratio of 17.67 and a beta of 0.85.
Air Transport Services Group (NASDAQ:ATSG – Get Free Report) last issued its quarterly earnings results on Monday, February 26th. The transportation company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.11). The firm had revenue of $517.04 million during the quarter, compared to the consensus estimate of $521.04 million. Air Transport Services Group had a net margin of 2.91% and a return on equity of 7.93%. Research analysts predict that Air Transport Services Group will post 0.73 earnings per share for the current year.
Analyst Ratings Changes
Read Our Latest Report on ATSG
About Air Transport Services Group
Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance.
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