Equities research analysts expect Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) to announce earnings of $0.57 per share for the current quarter, according to Zacks. Three analysts have made estimates for Atlas Air Worldwide’s earnings. The lowest EPS estimate is $0.46 and the highest is $0.64. Atlas Air Worldwide posted earnings per share of $1.75 during the same quarter last year, which would suggest a negative year-over-year growth rate of 67.4%. The company is scheduled to announce its next earnings report before the market opens on Thursday, August 1st.

On average, analysts expect that Atlas Air Worldwide will report full-year earnings of $7.47 per share for the current financial year, with EPS estimates ranging from $7.10 to $7.85. For the next financial year, analysts anticipate that the firm will report earnings of $7.56 per share, with EPS estimates ranging from $7.40 to $7.70. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Atlas Air Worldwide.

Atlas Air Worldwide (NASDAQ:AAWW) last released its earnings results on Wednesday, May 1st. The transportation company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.12. Atlas Air Worldwide had a return on equity of 10.76% and a net margin of 8.36%. The firm had revenue of $679.70 million during the quarter, compared to analysts’ expectations of $679.72 million. During the same period in the prior year, the company earned $0.86 earnings per share. The company’s quarterly revenue was up 15.2% on a year-over-year basis.

AAWW has been the subject of several recent analyst reports. ValuEngine cut Zagg from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 14th. BidaskClub upgraded ZIOPHARM Oncology from a “buy” rating to a “strong-buy” rating in a research note on Monday, June 17th. Zacks Investment Research cut Guaranty Federal Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, April 23rd. Imperial Capital reiterated an “in-line” rating and issued a $29.00 price target (down from $33.00) on shares of Whiting Petroleum in a research note on Friday, May 3rd. Finally, Cowen reiterated a “hold” rating on shares of PTC Therapeutics in a research note on Thursday, May 2nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. Atlas Air Worldwide currently has a consensus rating of “Hold” and a consensus target price of $67.67.

NASDAQ AAWW traded down $0.83 on Thursday, hitting $40.51. 1,384 shares of the company’s stock were exchanged, compared to its average volume of 290,759. The business has a 50-day moving average price of $40.45. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.29. Atlas Air Worldwide has a 52 week low of $35.04 and a 52 week high of $71.45. The company has a market cap of $1.08 billion, a PE ratio of 5.66 and a beta of 2.05.

In related news, CFO Spencer Schwartz sold 6,500 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was sold at an average price of $44.08, for a total transaction of $286,520.00. Following the completion of the transaction, the chief financial officer now directly owns 54,741 shares of the company’s stock, valued at approximately $2,412,983.28. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John K. Wulff bought 5,000 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were bought at an average cost of $39.75 per share, with a total value of $198,750.00. Following the completion of the transaction, the director now owns 24,979 shares in the company, valued at $992,915.25. The disclosure for this purchase can be found here. 2.10% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Flinton Capital Management LLC raised its position in Atlas Air Worldwide by 26.6% during the 4th quarter. Flinton Capital Management LLC now owns 3,120 shares of the transportation company’s stock worth $132,000 after purchasing an additional 656 shares during the last quarter. Quantamental Technologies LLC raised its position in Atlas Air Worldwide by 343.3% during the 1st quarter. Quantamental Technologies LLC now owns 4,003 shares of the transportation company’s stock worth $202,000 after purchasing an additional 3,100 shares during the last quarter. 6 Meridian bought a new position in Atlas Air Worldwide during the 1st quarter worth $213,000. Investors Research Corp raised its position in Atlas Air Worldwide by 4.8% during the 2nd quarter. Investors Research Corp now owns 5,450 shares of the transportation company’s stock worth $243,000 after purchasing an additional 250 shares during the last quarter. Finally, Laurion Capital Management LP raised its position in Atlas Air Worldwide by 7.3% during the 1st quarter. Laurion Capital Management LP now owns 5,655 shares of the transportation company’s stock worth $286,000 after purchasing an additional 384 shares during the last quarter.

Atlas Air Worldwide Company Profile

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

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