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 has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a research note on Monday, January 7th. BidaskClub upgraded shares of Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a research note on Saturday, March 30th. Stifel Nicolaus set a $68.00 target price on shares of Atlas Air Worldwide and gave the stock a “buy” rating in a research note on Tuesday, March 5th. ValuEngine upgraded shares of Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a research note on Tuesday, January 29th. Finally, Imperial Capital reiterated an “outperform” rating and issued a $79.00 target price (up previously from $76.00) on shares of Atlas Air Worldwide in a research note on Wednesday, February 20th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. Atlas Air Worldwide currently has a consensus rating of “Hold” and a consensus price target of $70.40.

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.

See Also: Different Options Trading Strategies

Get a free copy of the Zacks research report on Atlas Air Worldwide (AAWW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Atlas Air Worldwide (NASDAQ:AAWW)

Receive News & Ratings for Atlas Air Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Air Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.