AIRM reports Q4 and 2007 results; #'s top estimates

Air Methods (AIRM) reports $0.38/share vs. $0.33 estimates on $122.6 million in revenues vs. 114.9 mil estimates.

Comments sound cautious regarding Q1, but optimistic for 2008.

Mr. Todd added, "Despite the impact of weather on transports during the first two months of 2008, we remain very optimistic that we can achieve another year of healthy earnings growth. With the acquisition of CJ closing on October 1, 2007, we look forward to the expected benefit of a full year of combined operating results in 2008. With deliveries of over 45 new aircraft anticipated in 2008, fleet rejuvenation activity will accelerate and should favorably impact historical hourly maintenance costs in the future. These new aircraft also create expansion opportunities within both services divisions."

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