Brokerages Expect Atlas Air Worldwide Holdings, Inc. (AAWW) to Announce $0.86 EPS
Equities analysts predict that Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) will post $0.86 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Atlas Air Worldwide’s earnings. The highest EPS estimate is $0.95 and the lowest is $0.80. Atlas Air Worldwide also posted earnings of $0.86 per share in the same quarter last year. The business is scheduled to report its next quarterly earnings results on Thursday, May 2nd.
According to Zacks, analysts expect that Atlas Air Worldwide will report full-year earnings of $7.54 per share for the current fiscal year, with EPS estimates ranging from $7.40 to $7.85. For the next year, analysts forecast that the firm will report earnings of $7.61 per share, with EPS estimates ranging from $7.40 to $7.73. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Atlas Air Worldwide.
Atlas Air Worldwide (NASDAQ:AAWW) last announced its quarterly earnings data on Tuesday, February 19th. The transportation company reported $3.12 EPS for the quarter, topping the consensus estimate of $2.90 by $0.22. The business had revenue of $765.00 million for the quarter, compared to analyst estimates of $756.48 million. Atlas Air Worldwide had a net margin of 10.10% and a return on equity of 10.91%. The company’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.43 earnings per share.
AAWW stock traded up $0.13 during mid-day trading on Wednesday, hitting $49.24. The company had a trading volume of 5,625 shares, compared to its average volume of 299,067. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 6.78 and a beta of 1.83. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.77 and a current ratio of 0.77. Atlas Air Worldwide has a 12 month low of $35.59 and a 12 month high of $75.29.
A number of large investors have recently modified their holdings of the stock. Piedmont Investment Advisors Inc. grew its stake in Atlas Air Worldwide by 3.4% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 6,056 shares of the transportation company’s stock valued at $256,000 after acquiring an additional 197 shares in the last quarter. Macquarie Group Ltd. grew its stake in Atlas Air Worldwide by 0.8% during the fourth quarter. Macquarie Group Ltd. now owns 24,300 shares of the transportation company’s stock valued at $1,025,000 after acquiring an additional 200 shares in the last quarter. Mutual Advisors LLC grew its stake in Atlas Air Worldwide by 0.7% during the fourth quarter. Mutual Advisors LLC now owns 30,330 shares of the transportation company’s stock valued at $1,280,000 after acquiring an additional 220 shares in the last quarter. Signition LP grew its stake in Atlas Air Worldwide by 1.9% during the fourth quarter. Signition LP now owns 14,193 shares of the transportation company’s stock valued at $599,000 after acquiring an additional 260 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in Atlas Air Worldwide by 2.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 18,320 shares of the transportation company’s stock valued at $773,000 after acquiring an additional 402 shares in the last quarter.
About Atlas Air Worldwide
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.
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