What's Next: Air Transport Services Gr's Earnings Preview

Air Transport Services Gr (NASDAQ:ATSG) is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Air Transport Services Gr will report an earnings per share (EPS) of $0.17.

Anticipation surrounds Air Transport Services Gr's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.03, leading to a 17.35% increase in the share price the following trading session.

Here's a look at Air Transport Services Gr's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.16

0.10

0.28

0.49

EPS Actual

0.19

0.16

0.18

0.32

Price Change %

17.0%

11.0%

-4.0%

-23.0%

Air Transport Services Gr Share Price Analysis

Shares of Air Transport Services Gr were trading at $22.05 as of November 06. Over the last 52-week period, shares are up 47.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on Air Transport Services Gr

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest ...