Analysts forecast that Atlas Air Worldwide Holdings (NASDAQ:AAWW) will announce earnings of $0.84 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Atlas Air Worldwide Holdings’ earnings, with the highest EPS estimate coming in at $0.88 and the lowest estimate coming in at $0.80. Atlas Air Worldwide Holdings posted earnings of $0.80 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 5%. The business is scheduled to issue its next earnings results on Wednesday, August 2nd.

On average, analysts expect that Atlas Air Worldwide Holdings will report full-year earnings of $4.53 per share for the current financial year, with EPS estimates ranging from $4.27 to $4.75. For the next fiscal year, analysts anticipate that the firm will post earnings of $5.00 per share, with EPS estimates ranging from $4.73 to $5.30. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow Atlas Air Worldwide Holdings.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings data on Wednesday, May 3rd. The transportation company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. The firm had revenue of $475.40 million during the quarter, compared to analysts’ expectations of $451.72 million. Atlas Air Worldwide Holdings had a net margin of 2.12% and a return on equity of 7.66%. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 EPS.

AAWW has been the subject of several recent research reports. Seaport Global Securities initiated coverage on Atlas Air Worldwide Holdings in a research note on Thursday, March 30th. They issued a “buy” rating and a $65.00 price objective for the company. Stifel Nicolaus reaffirmed a “buy” rating on shares of Atlas Air Worldwide Holdings in a research note on Friday, June 2nd. Imperial Capital reaffirmed an “outperform” rating on shares of Atlas Air Worldwide Holdings in a research note on Friday, March 17th. Finally, Zacks Investment Research downgraded Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Monday, February 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $60.00.

Atlas Air Worldwide Holdings (AAWW) traded up 1.18% during midday trading on Monday, reaching $51.60. 203,477 shares of the company’s stock traded hands. The company has a market cap of $1.30 billion, a P/E ratio of 32.43 and a beta of 1.38. Atlas Air Worldwide Holdings has a 52-week low of $34.22 and a 52-week high of $60.10. The stock has a 50-day moving average of $51.08 and a 200 day moving average of $52.94.

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In related news, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $55.40, for a total value of $277,000.00. Following the sale, the chief executive officer now directly owns 241,958 shares in the company, valued at $13,404,473.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Michael Steen sold 23,387 shares of the company’s stock in a transaction that occurred on Thursday, April 20th. The shares were sold at an average price of $57.00, for a total value of $1,333,059.00. Following the completion of the sale, the chief marketing officer now owns 39,291 shares in the company, valued at $2,239,587. The disclosure for this sale can be found here. Insiders sold 73,914 shares of company stock worth $4,222,860 over the last quarter. 2.50% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in AAWW. BlackRock Inc. boosted its stake in shares of Atlas Air Worldwide Holdings by 51,032.3% in the first quarter. BlackRock Inc. now owns 3,013,229 shares of the transportation company’s stock valued at $167,084,000 after buying an additional 3,007,336 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Atlas Air Worldwide Holdings by 5.5% in the first quarter. Vanguard Group Inc. now owns 2,195,742 shares of the transportation company’s stock valued at $121,754,000 after buying an additional 114,422 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Atlas Air Worldwide Holdings by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,119,124 shares of the transportation company’s stock valued at $117,505,000 after buying an additional 9,883 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Atlas Air Worldwide Holdings by 33.2% in the first quarter. Alliancebernstein L.P. now owns 1,382,286 shares of the transportation company’s stock valued at $76,648,000 after buying an additional 344,745 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of Atlas Air Worldwide Holdings by 8.3% in the first quarter. LSV Asset Management now owns 787,922 shares of the transportation company’s stock valued at $43,690,000 after buying an additional 60,381 shares during the last quarter. Institutional investors and hedge funds own 96.87% of the company’s stock.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

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

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