Mesa Air Group Reports Fourth Quarter and Full-Year Fiscal 2019 Results
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Mesa Air Group (MESA) Reports In-Line Q4 EPS, Revenues Beat
December 11, 2019 4:03 PM ESTMesa Air Group (NASDAQ: MESA) reported Q4 EPS of $0.36, in-line with the analyst estimate of $0.36. Revenue for the quarter came in at $187.83 million versus the consensus estimate of $178.49 million.
Highlights
Q4 EPS of $0.35 and Adjusted EPS1 of $0.36Fiscal Year 2019 EPS of $1.36 and Adjusted EPS1 of $1.64Extended our $35 million secured credit facility for three yearsYear over Year Increases: Pre-tax income up 301% from $15.8 million to $63.3 million Net income up 43% from $33.3 million to $47.6 million Adjusted Pre-tax Income1 up 78% from $43.0 million to $76.4 million Adjusted EBITDA1 up 27% from $164.8 million to $208.7 million Adjusted EBITDAR1 up 12% from $233.7 million to $260.9... More