KingDMC
10 년 전
Atlas Air Worldwide Reports First-Quarter 2015 Results
Source: GlobeNewswire Inc.
Adjusted Net Income of $25.7 Million, $1.03 per Share
Reported Net Income of $29.2 Million, $1.17 per Share
Significantly Increasing Full-Year Earnings Framework
Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW) today announced adjusted net income attributable to common stockholders of $25.7 million, or $1.03 per diluted share, for the three months ended March 31, 2015, compared with $11.3 million, or $0.45 per diluted share, for the three months ended March 31, 2014.
On a reported basis, net income attributable to common stockholders in the first quarter of 2015 totaled $29.2 million, or $1.17 per diluted share, compared with $7.9 million, or $0.32 per diluted share, in the year-ago quarter.
Free cash flow of $80.2 million in the first quarter compared with $36.9 million in the first quarter of 2014.
"We are off to a very good start in 2015 and look forward to a strong year," said William J. Flynn, President and Chief Executive Officer. "As a result, we now expect our full-year results to increase significantly compared with 2014.
"Earnings in the first quarter reflected our diverse business mix, the ongoing demand for our industry-leading aircraft and aviation operating services, and the continuing, broad-based improvement of the global airfreight market. Results in the quarter were also driven by the scale and scope of our Charter segment, which was well-positioned to capitalize on demand for airfreight in the transpacific region and other trade lanes as well as better-than-expected military cargo and passenger demand."
First-Quarter Results
ACMI segment results benefited from an increase in block hours in the first quarter, driven by the start-up of three additional 767 CMI aircraft and improvements in ACMI aircraft utilization. These were offset by a reduction in revenue per block hour, reflecting the impact of higher revenue per block hour in 2014 resulting from customers that flew below their contractual minimums as well as an increase in CMI flying in 2015.
In Charter, significantly higher segment revenues and contribution reflected improvements in commercial and military air cargo and passenger demand, increased aircraft utilization, and a reduction in heavy-maintenance expense. Commercial air cargo demand during the quarter was enhanced by congestion issues at ports on the U.S. west coast.
In Dry Leasing, revenue and profitability grew as we realized revenue from maintenance payments related to the scheduled return of a 737-800 passenger aircraft in February 2015.
Reported earnings for the first quarter of 2015 included an effective income tax rate of 19.4%, which reflected an income tax benefit of $4.0 million related to beneficial tax planning regarding the treatment of extraterritorial income from the leasing of certain of our aircraft.
Reported results also included a pretax loss of $1.2 million on the disposal of aircraft and engine parts, partly offset by pretax adjustments of $0.6 million to special charges.
Cash and Short-Term Investments
At March 31, 2015, our cash, cash equivalents, short-term investments and restricted cash totaled $374.7 million, compared with $330.7 million at December 31, 2014.
The change in position reflected cash provided by operating activities partially offset by cash used for investing and financing activities.
Net cash used for investing activities during the first quarter of 2015 primarily related to capital expenditures and purchase deposits and delivery payments for flight equipment, partially offset by proceeds from disposal of aircraft.
Net cash used for financing activities primarily reflected payments on debt obligations.
Outlook
We anticipate significant growth in adjusted fully diluted earnings per share in 2015.
As the commercial airfreight market has grown, our business initiatives and investments have positioned Atlas to be a prime beneficiary.
We are encouraged by our strong first-quarter performance, and we continue to have a favorable view about the prospects for the overall airfreight environment and the demand for our aircraft and services.
Industry forecasts indicate that global airfreight demand will grow approximately 4% to 5% in 2015, outpacing projected growth in global trade. In addition, we expect that our block-hour volumes this year will increase 5% to 10% compared with 2014, with more than 70% of the total in ACMI and the balance in Charter. At the same time, recent military demand is holding up well compared with 2014 levels.
We are seeing good airfreight demand in the second quarter of 2015. On a sequential basis, we expect earnings per share in the second quarter of 2015 to be slightly better than our first-quarter 2015 adjusted earnings.
We also anticipate sequential increases in our third- and fourth-quarter earnings per share. Visibility into second-half airfreight market demand and yields remains limited at this point, so we will update our expectations about the second half as the year progresses.
Taking our current framework and expected first-half 2015 earnings strength into account, we expect approximately 55% of our earnings to occur in the second half.
Given the higher flying levels that we anticipate, we now expect that aircraft maintenance expense in 2015 should total approximately $190 million. In addition, depreciation should be approximately $125 million. We also anticipate an effective income tax rate of approximately 28% to 30%. Core capital expenditures, excluding aircraft and engine purchases, are expected to total approximately $40 to $45 million, mainly for spare parts for our fleet.
Mr. Flynn added: "We are confident about the outlook for 2015, and we are well-prepared to leverage our competencies and market leadership this year and beyond.
"Our fleet is modern and efficient. We provide innovative, value-added services. We operate a diversified, resilient business model. Our financial structure is solid. And we are focused on seizing strategic opportunities, executing on initiatives, and shaping a powerful future."
Conference Call
Management will host a conference call to discuss Atlas Air Worldwide's first-quarter 2015 financial and operating results at 11:00 a.m. Eastern Time on Thursday, April 30, 2015.
Interested parties are invited to listen to the call live over the Internet at www.atlasair.com (click on "Investor Information," click on "Presentations" and on the link to the first-quarter call) or at the following Web address:
http://edge.media-server.com/m/p/d6kjfyqg
For those unable to listen to the live call, a replay will be archived on the above websites following the call. A replay will also be available through May 6 by dialing (855) 859-2056 (U.S. Toll Free) or (404) 537-3406 (from outside the U.S.) and using Access Code 23719054#.
stocktrademan
10 년 전
$AAWW DD Notes ~ http://www.ddnotesmaker.com/AAWW
bullish
double bottom
$AAWW recent news/filings
## source: finance.yahoo.com
Wed, 03 Dec 2014 13:39:14 GMT ~ Atlas Air Worldwide (AAWW) Shares March Higher, Can It Continue?
read full: http://finance.yahoo.com/news/atlas-air-worldwide-aaww-shares-133914710.html
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Tue, 02 Dec 2014 22:52:00 GMT ~ Cyber Monday, Lower Fuel Boost FedEx, Shipping Stocks
read full: http://news.investors.com/120214-728737-cyber-monday-lower-fuel-boost-fedex-shipping-stocks.htm?ven=yahoocp&src=aurlled&ven=yahoo
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Thu, 20 Nov 2014 11:29:10 GMT ~ How Atlas Air Worldwide Holdings (AAWW) Stock Stands Out in a Strong Industry
read full: http://finance.yahoo.com/news/atlas-air-worldwide-holdings-aaww-112910931.html
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Fri, 14 Nov 2014 18:04:22 GMT ~ ATLAS AIR WORLDWIDE HOLDINGS INC Financials
read full: http://finance.yahoo.com/q/is?s=aaww
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Thu, 13 Nov 2014 11:32:49 GMT ~ Moving Average Crossover Alert: Atlas Air Worldwide (AAWW)
read full: http://finance.yahoo.com/news/moving-average-crossover-alert-atlas-113249506.html
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$AAWW charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$AAWW company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/AAWW/company-info
Ticker: $AAWW
OTC Market Place: Not Available
CIK code: 0001135185
Company name: Atlas Air Worldwide Holdings, Inc.
Company website: http://www.atlasair.com
Incorporated In: DE, USA
Business Description: AAWWV is the parent company of Atlas Air, Inc and Polar Air Cargo, Inc, which together operate the world's largest fleet of 747 freighter aircraft. Atlas Air, Inc. is the world's leading provider of ACMI (aircraft, crew, maintenance and insurance) freighter aircraft to major airlines around the globe. Polar Air Cargo, Inc. is among the world's leading providers of airport-to-airport freight carriage. Polar operates a global, scheduled-service network and serves substantially all major trade lanes of the world. Through both of its principal subsidiaries, AAWWV also provides commercial and military charter services.Less >>
$AAWW share structure
## source: otcmarkets.com
Market Value: $1,160,391,794 a/o Dec 05, 2014
Shares Outstanding: 24,805,297 a/o Oct 31, 2014
Float: Not Available
Authorized Shares: 50,000,000 a/o Dec 31, 2005
Par Value: 0.01
$AAWW extra dd links
Company name: Atlas Air Worldwide Holdings, Inc.
Company website: http://www.atlasair.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=AAWW+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=AAWW+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=AAWW+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/AAWW/news - http://finance.yahoo.com/q/h?s=AAWW+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/AAWW/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/AAWW/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=AAWW+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/AAWW
DTCC (dtcc.com): http://search2.dtcc.com/?q=Atlas+Air+Worldwide+Holdings%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Atlas+Air+Worldwide+Holdings%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Atlas+Air+Worldwide+Holdings%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.atlasair.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.atlasair.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.atlasair.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/AAWW
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001135185&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/AAWW/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/AAWW/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=AAWW&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=AAWW
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/AAWW/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=AAWW+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=AAWW+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=AAWW
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=AAWW
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=AAWW+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/AAWW/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=AAWW+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/AAWW.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=AAWW
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/AAWW/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/AAWW/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/AAWW
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/AAWW
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/AAWW:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=AAWW
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=AAWW
$AAWW DD Notes ~ http://www.ddnotesmaker.com/AAWW
Penny Roger$
13 년 전
Atlas Air Worldwide Holdings, Inc. (AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc. (Atlas). AAWW is a global provider of air cargo assets and outsourced aircraft operating services and solutions. AAWW operates four business segments: ACMI, AMC Charter, Commercial Charter and Dry Leasing. As of December 31, 2010, it managed and operated a fleet of 747 freighters. AAWW service offerings include ACMI, whereby it provides outsourced aircraft operating solutions, including the provision of an aircraft crew, maintenance and insurance. AMC Charter services whereby the Company provides air cargo services for the AMC, and Commercial Charter, whereby it provides aircraft charters to customers, including brokers, freight forwarders, direct shippers and airlines. AAWW provides global services with operations in Asia, the Middle East, Australia, Europe, South America, Africa and North America. During the year ended December 31, 2010, it launched CMI service.
http://www.google.com/finance?q=AAWW