Bulletin
Investor Alert

Market Pulse Archives

June 25, 2018, 8:41 a.m. EDT

Atlas Air raises earnings growth outlook

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Atlas Air Worldwide Holdings (AAWW)
  • X
    Dow Jones Transportation Average (DJT)
  • X
    Dow Jones Industrial Average (DJIA)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Atlas Air Worldwide Holdings /zigman2/quotes/200338181/composite AAWW -0.50% raised its earnings growth outlook for the second quarter and the full year, citing demand for its aircraft and services. The provider of outsourced aircraft and aviation services said it now expects second-quarter adjusted earnings to rise 40% to 45% from a year ago, compared with the previous guidance of 30% to 35%. For 2018, the company now expects adjusted earnings to rise 35% to 40%, compared with a prior outlook of "low- to mid-30%" growth. The stock was still inactive in premarket trade. It has run up 25% year to date through Friday, while the Dow Jones Transportation Average /zigman2/quotes/210598063/realtime DJT +1.37% has gained 1.5% and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.34% has slipped 0.6%.

/zigman2/quotes/200338181/composite
US : U.S.: Nasdaq
$ 60.24
-0.30 -0.50%
Volume: 343,404
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.57 billion
Rev. per Employee
$817,626
loading...
/zigman2/quotes/210598063/realtime
US : Dow Jones Indices
11,270.00
+152.52 +1.37%
Volume: 123.85M
Sept. 25, 2020 5:06p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,173.96
+358.52 +1.34%
Volume: 391.73M
Sept. 25, 2020 5:06p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.