Air Transport Services Group Inc (NAS:ATSG)
$ 22.04 0.08 (0.36%) Market Cap: 1.45 Bil Enterprise Value: 3.02 Bil PE Ratio: 0 PB Ratio: 0.99 GF Score: 90/100

Q3 2019 Air Transport Services Group Inc Earnings Call Transcript

Nov 07, 2019 / 03:00PM GMT
Release Date Price: $22.9 (+5.51%)
Operator

Welcome to the Q3 2019 Air Transport Services Group Inc. Earnings Conference Call. My name is John, and I'll be your operator for today's call. (Operator Instructions) Please note that this conference is being recorded.

And now I will turn the call over to Joe Hete, Chief Executive Officer, ATSG. Mr. Hete, you may begin.

Joe Hete
Air Transport Services Group, Inc. - Chief Executive Officer

Thanks, John. Good morning, and welcome to our third quarter 2019 earnings conference call. With me today is Quint Turner, our Chief Financial Officer. Rich Corrado, who became President of ATSG in September, is traveling overseas today.

We issued our earnings release yesterday after the market closed. It's on our website, atsginc.com. We will file our Form 10-Q later this week.

Once again, I'm pleased to report to you that this year, we are performing at levels consistent with the Adjusted EBITDA guidance we have shared and exceeding our targets for Adjusted EPS. Our business strategy of investing in and leasing midsize aircraft to major express

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