Analysts expect Atlas Air Worldwide Holdings (NASDAQ:AAWW) to post earnings per share (EPS) of $1.12 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Atlas Air Worldwide Holdings’ earnings. The lowest EPS estimate is $1.10 and the highest is $1.15. Atlas Air Worldwide Holdings posted earnings of $1.09 per share during the same quarter last year, which suggests a positive year over year growth rate of 2.8%. The business is expected to issue its next earnings report before the market opens on Tuesday, November 7th.

On average, analysts expect that Atlas Air Worldwide Holdings will report full year earnings of $4.81 per share for the current financial year, with EPS estimates ranging from $4.61 to $4.90. For the next fiscal year, analysts forecast that the firm will post earnings of $5.28 per share, with EPS estimates ranging from $5.10 to $5.50. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow Atlas Air Worldwide Holdings.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The company had revenue of $517.37 million for the quarter, compared to analysts’ expectations of $500.44 million. During the same period last year, the firm earned $0.80 earnings per share. Atlas Air Worldwide Holdings’s quarterly revenue was up 16.7% on a year-over-year basis.

A number of equities research analysts recently weighed in on AAWW shares. BidaskClub downgraded shares of Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Cowen and Company reissued an “outperform” rating and set a $70.00 price target (up from $60.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 3rd. ValuEngine raised shares of Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Stifel Nicolaus reissued a “hold” rating and set a $69.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $70.00.

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In related news, EVP Adam Richard Kokas sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $66.40, for a total transaction of $664,000.00. Following the completion of the transaction, the executive vice president now owns 25,418 shares in the company, valued at $1,687,755.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $58.59, for a total transaction of $292,950.00. Following the transaction, the chief executive officer now owns 196,958 shares of the company’s stock, valued at approximately $11,539,769.22. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,000 shares of company stock valued at $2,328,500. Corporate insiders own 2.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of AAWW. Ameritas Investment Partners Inc. acquired a new position in Atlas Air Worldwide Holdings during the first quarter valued at approximately $107,000. Arizona State Retirement System grew its holdings in Atlas Air Worldwide Holdings by 1.5% during the first quarter. Arizona State Retirement System now owns 13,123 shares of the transportation company’s stock valued at $728,000 after purchasing an additional 200 shares during the period. Municipal Employees Retirement System of Michigan grew its holdings in Atlas Air Worldwide Holdings by 1.2% during the first quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock valued at $317,000 after purchasing an additional 70 shares during the period. OppenheimerFunds Inc. grew its holdings in Atlas Air Worldwide Holdings by 19.2% during the first quarter. OppenheimerFunds Inc. now owns 25,731 shares of the transportation company’s stock valued at $1,427,000 after purchasing an additional 4,145 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Atlas Air Worldwide Holdings by 4.1% during the first quarter. Principal Financial Group Inc. now owns 190,985 shares of the transportation company’s stock valued at $10,590,000 after purchasing an additional 7,573 shares during the period. Hedge funds and other institutional investors own 96.41% of the company’s stock.

Shares of Atlas Air Worldwide Holdings (NASDAQ AAWW) opened at 64.60 on Monday. Atlas Air Worldwide Holdings has a 1-year low of $40.25 and a 1-year high of $68.70. The firm has a market capitalization of $1.63 billion, a PE ratio of 27.61 and a beta of 1.40. The firm has a 50-day moving average price of $65.97 and a 200-day moving average price of $58.46.

Atlas Air Worldwide Holdings Company Profile

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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