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Air Transport Services Group Inc Comments On H2, FY 2012 Guidance; Issues FY, Q4 2012 EBITDA Guidance Below Analysts' Estimates; Comments On FY 2013 Guidance


Thursday, 8 Nov 2012 04:45pm EST 

Air Transport Services Group Inc announced that it continues to project strong gains in its GAAP earnings for fiscal 2012 as a whole, improved results for the second half of 2012 versus the first half, and substantial growth in revenues, earnings and cash flow in fiscal 2013. It now expect Adjusted EBITDA for fiscal 2012 to approximate $160 million, including approximately $40 million in the fourth quarter. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $49 million for the fourth quarter of 2012; EBITDA of $169 million for fiscal 2012. 

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