Atlas Air Worldwide Q3 Results Miss Estimates

RTTNews | 923天前
Atlas Air Worldwide Q3 Results Miss Estimates

(RTTNews) - Atlas Air Worldwide Holdings, Inc. (AAWW) reported Thursday that net income for the third quarter plunged to $60.10 million or $1.79 per share from $119.54 million or $3.91 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter were $2.69 per share, compared to $4.88 per share in the year-ago quarter.

Operating revenue for the quarter grew to $1.12 billion from $1.02 billion in the same quarter last year.

On average, five analysts polled by Thomson Reuters expected the company to report earnings of $4.26 per share on revenues of $1.19 billion for the quarter. Analysts' estimates typically exclude special items.

The company continues to expect closing of the pending sale of the company to Investor Group in the fourth quarter of fiscal 2022 or first quarter of fiscal 2023.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Boeing Delivers Its Final 747 Jumbo Jet

Boeing Delivers Its Final 747 Jumbo Jet

Boeing has delivered its final 747 jumbo jet, bringing to a close more than 50 years of its production, to Atlas Air Worldwide, the largest operator of the widebody jet called as the "Queen of the Skies." The aerospace and defense major and Atlas Air joined thousands of people to celebrate the delivery of the final 747-8 Freighter at the Everett factory, where 747 began its journey in 1967.
RTTNews | 834天前
Australian Market Turns To Modest Gains In Mid-market

Australian Market Turns To Modest Gains In Mid-market

The Australian market is turning its early losses to modest gains in mid-market on Thursday, after being in the red most of the morning session, extending the gains in the previous six sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,300 level, with gains in financial and technology stocks nearly offset by weakness in mining stocks.
RTTNews | 43分钟前
Indian Market Likely To Open On Cautious Note

Indian Market Likely To Open On Cautious Note

Subdued GIFT Nifty, weak Asian stocks and the overnight mixed close on Wall Street point to a slightly negative start for Indian shares Thursday morning. Investors are likely to react to a slew of quarterly earnings announcements.
RTTNews | 50分钟前
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious amid continued uncertainty surrounding US President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K. Asian Markets closed mostly higher on Wednesday.
RTTNews | 54分钟前
Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last six trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's poised to inch higher again on Thursday.
RTTNews | 2小时8分钟前
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,800 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 2小时29分钟前
Indonesia Bourse May Test Resistance At 7,000 Points

Indonesia Bourse May Test Resistance At 7,000 Points

The Indonesia stock market has finished higher in two straight sessions, improving more than 150 points or 2.2 percent in that span. The Jakarta Composite Index now rests just beneath the 6,980-point plateau although investors may lock in gains on Thursday.
RTTNews | 2小时38分钟前
Oversold Hang Seng Nonetheless Called Higher Again

Oversold Hang Seng Nonetheless Called Higher Again

The Hong Kong stock market bounced higher again on Wednesday, one day after snapping the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,640-point plateau although it may tick higher again on Thursday.
RTTNews | 2小时53分钟前