|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||27.14 - 27.84|
|52 Week Range||26.12 - 65.15|
|Beta (3Y Monthly)||1.98|
|PE Ratio (TTM)||3.62|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||56.30|
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
When a stock I own gets killed on disappointing earnings, I check if it still makes sense, and if so it's often a bargain, as appeared to be the case on Thursday when Atlas Air plunged.
Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW) reported adjusted earnings per share (EPS) of $0.17 for the second quarter of 2019, missing analyst estimates by $0.54. "Revenue and earnings in the second quarter were below our expectations, as air cargo volumes and yields were affected in the near-term by the widely reported impact of tariffs and trade tensions," Atlas CEO William Flynn said. The company's aircraft, crew, maintenance and insurance (ACMI) segment was more active in the second quarter, indicating higher volumes.
Atlas Air (AAWW) delivered earnings and revenue surprises of -70.18% and -7.96%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Reported Net Income of $86.9 million, $1.61 per ShareReported Results Reflect Favorable Completion of Tax Examination and Impact of Warrant AccountingReported, Adjusted Results.
Atlas Air Worldwide Holdings, Inc. (AAWW) today announced it will expand its operations in northern Kentucky to accommodate its growing workforce in the area. Atlas’ plans include a commitment to a long-term lease in a new facility in Erlanger, Kentucky, near the Cincinnati/Northern Kentucky International Airport (CVG), to support its growing global operations. “Atlas is a premier leader and employer in the air cargo industry, and I am delighted the company will deepen its commitment to Kentucky and grow its operations within this critical North American logistics hub,” said Kentucky Governor Matt Bevin.
Atlas Air (AAWW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A U.S. airline industry group said it had a "productive" meeting on Thursday with President Donald Trump, who "shares our concerns" about accusations that subsidies by Qatar and the United Arab Emirates are costing jobs in the United States. "We had a productive meeting with President Trump today to talk about the importance of American jobs and not letting foreign governments break their agreements with the United States," Scott Reed of the Partnership for Open & Fair Skies said in a statement. "The president shares our concerns and instructed us to keep working with the U.S. Department of Transportation, which we plan to do," he said.
Less stringent requirements for all-cargo airline operations compared with those for passenger operations are causing unnecessary safety risks, an airline representative has warned. Testifying on July 17 before the U.S. House Transportation & Infrastructure subcommittee on aviation, Joe DePete, president of the Air Line Pilots Association and a former pilot with FedEx Express, said that many of the safety and security layers working to protect the passenger airline industry are absent from regulations covering all-cargo airlines operated by companies such as FedEx Corp. (NYSE: FDX), UPS Inc (NYSE: UPS) and Atlas Air Worldwide Holdings (NASDAQ: AAWW).
An appeals court panel ruled that a lower court had jurisdiction to block unionized pilots at cargo and passenger airline Atlas Air Worldwide Holdings (NASDAQ: AAWW) and its Polar Air Cargo unit from engaging in work slowdowns, taking excessive sick days on short notice, and refusing to work overtime shifts during talks aimed at amending a collective bargaining agreement between Atlas and its pilots. The unanimous July 5 ruling by a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit is a setback for the union, which has said that Atlas, which flies cargo and passenger aircraft for e-tailer Amazon.com, Inc. (NASDAQ: AMZN), transport and logistics provider DHL, the U.S. military and a multitude of airlines, pushes its pilots to their physical limits in part because of the demands imposed by e-commerce delivery requirements.
PURCHASE, N.Y., July 10, 2019 -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) will release results for the second quarter ended June 30, 2019, prior to the opening of.
Work slowdowns and strikes as part of negotiating tactics deployed by the Teamsters against Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW) and Polar Air Cargo Worldwide have been ordered to stop by the U.S. Court of Appeals for the District of Columbia. In a unanimous decision, the court ruled it could no longer use those tactics. In the ruling, the court noted that the Teamsters and Atlas signed a collective bargaining agreement (CBA) in 2011, and that contract prohibited the union from engaging in a work stoppage or slowdown.
Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) is a small-cap stock with a market capitalization of US$1.1b. While...
Atlas Air, Inc. and Polar Air Cargo Worldwide, Inc. (collectively, “Atlas” or the “Company”), subsidiaries of Atlas Air Worldwide Holdings, Inc. (AAWW), today said that the U.S. Court of Appeals for the District of Columbia has affirmed a federal district court ruling that ordered the International Brotherhood of Teamsters, the International Brotherhood of Teamsters, Airline Division, and Local Union No. 1224 (collectively, the “IBT”) to stop an intentional and illegal work slowdown by Atlas pilots in violation of the Railway Labor Act (“RLA”). The unanimous ruling from a three-judge panel blocks the union from continuing to engage in improper activities such as excessive sick calls on short notice or refusing to work overtime.
Atlas Air Worldwide Holdings, Inc. (AAWW) today announced that President and Chief Executive Officer William J. (Bill) Flynn will retire from the company effective January 1, 2020, after a successful 13-year tenure, and become Chairman of the Board on that date. The board has appointed John W. Dietrich, current Executive Vice President and Chief Operating Officer, as Mr. Flynn’s successor.
Amazon already owns about 8.7% of AAWW's shares. It is not inconceivable that Amazon might eventually decide to just buy the whole company as it expands its already announced plan to delivery more packages using internal resources. Note that AAWW peaked above $73 back in 2011 on earnings per share of just $3.64.
Let's see if Atlas Air Worldwide Holdings, Inc. (AAWW) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
The addition of 15 cargo jets will bring Amazon's fleet to 20 737s that are leased from General Electric, adding to the five others that were leased earlier this year.
Amazon.com, Inc. (NASDAQ: AMZN) announced on June 18 that it will lease 15 Boeing (NYSE: BA) 737-800 freighters from GE Capital Aviation Services (GECAS), the aircraft lending unit of General Electric Co. (NYSE: GE). The airplanes, which will operate in the U.S., will enter Amazon's fleet by 2021, the e-tailer said. The announcement comes just days after FedEx Corp. (NYSE: FDX) said it would not renew its contract with Amazon to transport the e-tailer's domestic air packages.