Air Transport Services Group's Results Largely In-Line (ATSG)

Air Transport Services Group, Inc. ATSG reports Q3 earnings of $0.18 versus consensus of $0.18. Air Transport Services Group, Inc. reports revenues of $167.7 million versus consensus of $165.47 million. "Our second and third-quarter results demonstrate the cash-generating power of our new business model, which emphasizes long-term dry leases of medium-size widebody freighter aircraft, augmented by solid returns from an extensive array of operating and support services," President and CEO Joe Hete said. "The strong gains in our CAM Leasing segment, and new business we have signed recently, continue to illustrate our ability to profitably deploy our growing fleet of converted 767 freighters, and our competitive advantages for customers seeking turnkey solutions based on the 767's flexibility and efficiency." Shares of ATSG are higher in the after-hours by 0.06%.