PURCHASE, N.Y., June 25, 2018 – Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today said that it is increasing its second-quarter and full-year 2018 earnings outlooks.
Reflecting the demand for our aircraft and services, we now anticipate our second-quarter adjusted income from continuing operations, net of taxes, will grow by 40% to 45% compared with first-quarter 2018 adjusted net income of $23.8 million, up from 30% to 35% growth expected previously.
For the full year, we expect our adjusted income from continuing operations, net of taxes, to rise 35% to 40% compared with 2017 adjusted net income of $133.7 million, an increase from our prior outlook of low- to mid-30% growth.