(EMAILWIRE.COM, October 27, 2009 ) Dallas, TX - Shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) plunged over 20% to $28.35 after it announced that for the fourth quarter of 2009, it expects net earnings to exceed $18 million. For fiscal 2010, the Company expects net earnings to be consistent with current expected fiscal 2009 levels of earnings before one-time items. According to Reuters Estimates, analysts on an average are expecting the Company to report net profit of $18 million for the fourth quarter of 2009; net profit of $54 million for fiscal 2009 and net profit of $59 million for fiscal 2010.
The stock touched an intraday high and low of $33.15 and $27.72 respectively.

Atlas Air Worldwide Holdings, Inc. (AAWW) provides leased freighter aircraft, furnishing outsourced air cargo operating services and solutions to the global air freight industry. AAWW manages and operates a fleet of 747 freighters.

ABOUT PennyStockPickAlert.com

We are a leading stock web site that provides free stock alerts on top penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout.

Contact Information:
PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.