Air Transport Services Group Inc (NAS:ATSG)
$ 21.96 -0.03 (-0.14%) Market Cap: 1.44 Bil Enterprise Value: 3.02 Bil PE Ratio: 0 PB Ratio: 0.98 GF Score: 90/100

Q4 2019 Air Transport Services Group, Inc. Earnings Call Transcript

Mar 03, 2020 / 03:00PM GMT
Release Date Price: $17.55
Operator

Welcome to the Q4 2019 Air Transport Services Group, Inc. Earnings Conference Call. My name is Vanessa, and I will be your operator for today's call. (Operator Instructions) Please note this conference is being recorded.

I will now turn the call over to Joe Hete, CEO.

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

Thank you, Vanessa. Good morning, and welcome to our fourth quarter 2019 earnings conference call. With me today are Quint Turner, our Chief Financial Officer; and Rich Corrado, our President, and as we announced last week, our CEO-elect.

We issued our earnings release in our Form 10-K yesterday, after the market closed. They are on our website, atsginc.com.

I'm very happy to report to you that in 2019 we beat the annual adjusted EBITDA goal we set for ourselves as well as the market's expectations for our adjusted EPS. This is the third year in a row we have exceeded our adjusted EBITDA goal, and the fourth quarter was the fifth in a row that our adjusted EPS has exceeded the consensus of the

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