Sneak Preview of Mesa Air Group, Inc. ($MESA) 3Q20 Earnings

Mesa Air Group, Inc. (NASDAQ:MESA) is reporting third quarter earnings results on Monday 10th August 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.26 per share.

For the full year, analysts predict revenues of $ 552.20 million, while looking forward to income of $ 0.07 per share.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 1.50 ~ $ 1.80 per share

Click Here For More Historical Outlooks Of Mesa Air Group, Inc.

Previous Quarter Performance

Mesa Air Group, Inc. reported income for the second quarter of $ 0.05 per share, from the revenue of $ 179.90 million. Wall street analysts are predicting, MESA to report 2Q20 income of $ 0.01 per share from revenue of $ 169.24 million. The bottom line results beat street analysts by $ 0.04 or 400.00 percent, at the same time, top line results outshined analysts by $ 10.66 million or 6.30 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Mesa Air Group, Inc.

Stock Performance

According to the previous trading day, closing price of MESA was $ 3.27, representing a 59.51 % increase from the 52 week low of $ 2.05 and a 66.11 % decrease over the 52 week high of $ 9.65.

The company has a market capital of $ 115.09 million and is part of the Industrials sector and Airlines industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”MESA” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Conference Call

Mesa Air Group, Inc. will be hosting a conference call at 4:30 PM eastern time on 10th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mesa-air.com

Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc., which provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. As of September 30, 2018, it operated a fleet of 145 aircraft with approximately 730 daily departures to 110 cities in the United States, Canada, Mexico, Cuba, and the Bahamas.

Exit mobile version