Atlas Air Worldwide Holdings, Inc. (AAWW) said it now expects fourth-quarter 2009 net income to exceed $1.10 per share, or $26.5 million, exceeding the company's previous expectations of more than $0.74 per share, or $18.0 million, for the quarter.
Analysts polled by Thomson Reuters expect the company to report earnings of $0.79 per share. Analysts' estimates typically exclude special items.
Further, full-year 2009 net income is now expected to total more than $3.48 per share, or $75.9 million, compared with previous expectations of over $3.09 per share, or $67.4 million.
Analysts expect the company to earn $2.69 per share.
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