Macquarie Infrastructure (MIC) Reports Q3 Loss of $10.26/sh

November 9, 2020 7:20 AM EST

Macquarie Infrastructure (NYSE: MIC) reported Q3 EPS of ($10.26), versus $0.71 reported last year. Revenue for the quarter came in at $202 million, versus $287 million reported last year.

Guidance

MIC re-initiated financial guidance for 2020. For the full year, the Company expects to generate Adjusted EBITDA excluding non-cash items from continuing operations of between $200 million and $215 million. The buildup of the EBITDA guidance for 2020 on segment basis is as follows:

Segment

EBITDA Range ($mm)

Atlantic Aviation

185 - 195

MIC Hawaii

35 - 40

Corporate and Other

(20)

Total

200 - 215

For earnings history and earnings-related data on Macquarie Infrastructure (MIC) click here.



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