WILMINGTON, Ohio (AP) — WILMINGTON, Ohio (AP) — Air Transport Services Group Inc. (ATSG) on Monday reported a fourth-quarter loss of $15 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Wilmington, Ohio-based company said it had a loss of 23 cents. Earnings, adjusted for one-time gains and costs, came to 18 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.

The air cargo company posted revenue of $517 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $521 million.

For the year, the company reported profit of $60.3 million, or 83 cents per share. Revenue was reported as $2.07 billion.

Air Transport Services shares have declined 24% since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.37, a decrease of 34% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATSG at https://www.zacks.com/ap/ATSG

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