U.S. Markets open in 2 hrs 35 mins
  • S&P Futures

    3,631.00
    -1.75 (-0.05%)
     
  • Dow Futures

    29,948.00
    -50.00 (-0.17%)
     
  • Nasdaq Futures

    12,108.00
    +32.00 (+0.26%)
     
  • Russell 2000 Futures

    1,846.00
    -5.50 (-0.30%)
     
  • Crude Oil

    45.12
    +0.21 (+0.47%)
     
  • Gold

    1,808.90
    +4.30 (+0.24%)
     
  • Silver

    23.44
    +0.15 (+0.62%)
     
  • EUR/USD

    1.1889
    -0.0007 (-0.0594%)
     
  • 10-Yr Bond

    0.8820
    0.0000 (0.00%)
     
  • Vix

    22.05
    -0.61 (-2.69%)
     
  • GBP/USD

    1.3326
    -0.0032 (-0.2425%)
     
  • USD/JPY

    104.4660
    -0.0140 (-0.0134%)
     
  • BTC-USD

    19,269.15
    -18.85 (-0.10%)
     
  • CMC Crypto 200

    382.45
    +12.70 (+3.44%)
     
  • FTSE 100

    6,396.40
    -35.77 (-0.56%)
     
  • Nikkei 225

    26,296.86
    +131.27 (+0.50%)
     

Air Transport Services: 3Q Earnings Snapshot

·1 min read

WILMINGTON, Ohio (AP) _ Air Transport Services Group Inc. (ATSG) on Thursday reported a third-quarter loss of $5.6 million, after reporting a profit in the same period a year earlier.

The Wilmington, Ohio-based company said it had a loss of 10 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share.

The air cargo company posted revenue of $404.1 million in the period.

Air Transport Services shares have climbed 23% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.80, an increase of 35% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATSG at https://www.zacks.com/ap/ATSG