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Atlas Air Reports Strong Third-Quarter Earnings Growth

PURCHASE, N.Y., Nov. 01, 2018 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (AAWW) today announced strong third-quarter earnings growth and raised its outlook for full-year 2018, driven by ongoing market strength, customer demand and business development.

“We continue to leverage the scale and scope of our enterprise and our leadership in global aviation outsourcing,” said President and Chief Executive Officer William J. Flynn.

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Atlas Air Reports Strong Third-Quarter

Image from http://www.polaraircargo.com/

Hyatt Hotel’s Q3 Earnings Surpass, Revenues Miss Estimates

Hyatt Hotels Corporation (H) posted mixed third-quarter 2018 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues lagged the same. With this, the bottom line exceeded the consensus mark for 11 straight quarters, while the top line lagged the same for the third consecutive quarter.

Adjusted earnings of 33 cents per share outpaced the consensus estimate of 25 cents by 32%. The bottom line also grew 37.5% on a year-over-year basis. Total revenues of $1,074 million inched up 0.5% from the prior-year quarter figure but missed the consensus estimate of $1,092 million.

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Hyatt Hotel’s 3Q Earnings Report

Image from www.hyatt.com

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