Atlas Air Worldwide Holdings Stock News

Atlas Air (AAWW) delivered earnings and revenue surprises of 15.38% and 6.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Shares of Atlas Air Worldwide Holdings rallied 1.5% in premarket trading Thursday, after the provider of outsourced aircraft and aviation services reported fourth-quarter earnings that rose well above expectations, amid strength in its airline operations business. Net income fell to $176.7 million, or $5.55 a share, from $184.0 million, or $6.15 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $7.05 from $4.83, beating the FactSet consensus of $6.15. Revenue grew 24.7% to $1.16 billion, above the FactSet consensus of $1.11 billion. Airline operations revenue rose 25.5% to $1.13 billion, reflecting an increase in the average rate per block hour, while dry leasing revenue inched up 0.1% to $46.7 million. "The higher average rate per block hour was primarily due to an increased proportion of higher-yielding flying, including the impact of new and extended long-term contracts, the ongoing reduction of available cargo capacity in the market, the continued disruption of global supply chains, as well as higher fuel costs," the company said.

PURCHASE, N.Y., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), today announced it has entered into a long-term, dedicated char

Atlas Air cruised to record revenue and profits in 2021 with a strong fourth quarter that reflected the all-cargo airline's ability to command higher rates amid ongoing capacity tightness due to reduc

Atlas Air Worldwide press release (AAWW): Q4 Non-GAAP EPS of $7.05 beats by $0.82.Revenue of $1.16B (+24.4% Y/Y) beats by $60M.Shares up 3% premarket.The company expects…

Strong Outlook for 1Q22

Shares of Atlas Air Worldwide Holdings AAWW, +0.82% rallied 1.5% in premarket trading Thursday, after the provider of outsourced aircraft and aviation services reported fourth-quarter earnings that ro

Atlas Air Worldwide (NASDAQ:AAWW) is scheduled to announce Q4 earnings results on Thursday, February 17th, before market open.The consensus EPS Estimate is $6.23 (+29.0% Y/Y) and…

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two of the world’

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two of the world’s major aviation corporations: Boeing Company (NYSE: BA ) and Lockheed Martin Corporation (NYSE: LMT ). The Case For Boeing: This company traces its heritage to lumber company executive William Boeing , who became enchanted with manned flight after witnessing an aircraft presentation at the 1909 Alaska-Yukon-Pacific Exposition. Seven years later, Boeing teamed with U.S. Commander George Conrad Westervelt to create the B&W Seaplane under the corporate banner of Aero Products Co. Today, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. The company, which has been publicly traded since 1962, has four key segments: commercial airplanes, defense-space-security, global services and Boeing Capital. Among its recent corporate developments, the Chicago-headquartered Boeing announced it generated more than $2 billion in online orders last year, a company record, with nearly 70,000 parts products sold to commercial and government customers.

Increased fuel costs are likely to have dented Navios Maritime's (NMM) Q4 bottom-line performance.

Atlas Air (AAWW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Atlas Air (AAWW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Upbeat air traffic, particularly in domestic markets, aids Azul (AZUL).

Improved market conditions in the drybulk business might have aided Grindrod Shipping's (GRIN) Q4 performance.