ATSG Reports Fourth Quarter 2024 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Source: Businesswire
Fourth Quarter and Full Year Financial Results: Air Transport Services Group, Inc. reported stable revenues of $517 million for Q4 2024, with significant improvements in earnings per share and free cash flow compared to the previous year. For the full year, revenues decreased slightly to $2 billion, while adjusted earnings metrics showed a decline from 2023.
Pending Acquisition by Stonepeak: ATSG is set to be acquired by Stonepeak, with stockholder approval received on February 10, 2025. The company is working towards completing the transaction in the first half of 2025 and will not provide forward-looking guidance or hold an earnings conference call during this period.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
