Air Transport Services Group

ATSG

Market cap $1.48B

Here is how Air Transport Services (ATSG) and Expeditors International (EXPD) have performed compared to their sector so far this year.

Air Transport Services (ATSG) reported earnings 30 days ago. What's next for the stock?

Air Transport Services Group is bolstered by its robust cost-cutting initiatives. The decrease in operating expenses aids the bottom line.

ATSG's fourth-quarter 2024 earnings increase year over year while revenues decline.

Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Air Transport Services (ATSG) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.18 per share a year ago.

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2024. Those results, as compared with the same period in 2023, were as follows: Fourth Quarter Results Revenues of $517 million, consistent with $517 million in prior year period GAAP Earni.

Headwinds like weak demand, high inflation and geopolitical woes hurt the Zacks Transportation Air Freight & Cargo industry. FDX and ATSG are likely to stand out.

WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--ATSG today announced that its stockholders voted to approve the proposed merger with Stonepeak at a special meeting of stockholders.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Air Transport Services Group, Inc. (NasdaqGS: ATSG) to Stonepeak. Under the terms of the proposed transaction, shareholders of Air Transport will receive $22.50 in cash for each share of Air Transport that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequ.