Mesa Air Group: Q3 Earnings Insights

  Mesa Air Group (NASDAQ:MESA) reported its Q3 earnings results on Monday, August 8, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

 

Mesa Air Group (NASDAQ:MESA) reported its Q3 earnings results on Monday, August 8, 2022 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Mesa Air Group beat estimated earnings by 9.09%, reporting an EPS of $-0.2 versus an estimate of $-0.22.

Revenue was up $9.24 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 11.26% drop in the share price the next day.

Here’s a look at Mesa Air Group’s past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.31 -0.11 0.12 0.10
EPS Actual -0.29 -0.26 -0.06 0.11
Revenue Estimate 124.61M 143.57M 150.64M 129.74M
Revenue Actual 123.21M 147.76M 130.78M 125.16M

To track all earnings releases for Mesa Air Group visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Alibaba, Nio Rise Over 2%: Hong Kong Stocks Firm As Easing Developer Regulations Outweigh China COVID-19 Protests

Hong Kong stocks opened higher on Tuesday, with the benchmark Hang Seng rising 3% in morning trade, despite continuing unrest in China over Xi Jinping’s strict COVID-19 restrictions. Investors and traders weighed in some good news on the Chinese regulatory front that intends to support the property sector.

BABA