Atlas Air Worldwide Holdings Earnings Preview: Get Ahead of the Analysts

Atlas Air Worldwide Holdings (NASDAQ:AAWW) will report earnings before markets open on Thursday, May 2nd. Atlas Air Worldwide Holdings, Inc. is the parent company of Atlas Air, Inc., and Polar Air Cargo, Inc. Atlas provides aircraft, crew, maintenance, and insurance freighter aircraft to major airlines around the world. Polar operates a global, scheduled-service network and serves substantially all major trade lanes of the world. The Company also provides commercial and military charter services.

Here is your Cheat Sheet to Atlas Air Worldwide Holdings Earnings:

Earnings Expectations: Analysts expect earnings of $0.16 per share on revenues of $389.37 million. Currently, the company’s P/E ratio stands at 7.92.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.09 to a profit $0.9. For the current year, the average estimate is a profit of $4.83, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Atlas Air Worldwide Holdings has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,607 1,062 1,338 1,398 1,646
Diluted EPS ($) 2.97 3.56 5.44 3.64 4.89

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 388.16 359.30 424.70 409.25 452.77
Diluted EPS ($) 1.268 0.48 1.16 1.27 1.968

Past Performance:
Atlas Air Worldwide Holdings has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)