AP NEWS

Mesa Air: Fiscal 4Q Earnings Snapshot

December 4, 2018

PHOENIX (AP) _ Mesa Air Group Inc. (MESA) on Monday reported fiscal fourth-quarter profit of $19.4 million.

The Phoenix-based company said it had net income of 65 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The regional airline posted revenue of $177.5 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $180.6 million.

For the year, the company reported profit of $33.3 million, or $1.32 per share. Revenue was reported as $681.6 million.

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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 MESA at https://www.zacks.com/ap/MESA

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