UPDATE: Dahlman Rose Downgrades Atlas Air to Hold
According to Dahlman Rose, Atlas Air Worldwide Holdings (NASDAQ: AAWW) is downgraded to Hold.
Dahlman Rose, said that Atlas Air Worldwide Holdings reported 4Q11 EPS below its and the consensus estimate. “We had expected an EPS miss, but not of the magnitude reported. The outlook for 2012 was also below expectations, even with the highly profitable B747-8F aircraft. We are downgrading to Hold on near-term headwinds.”
Atlas Air Worldwide Holdings closed yesterday at $45.05.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.