Macquarie Infrastructure (MIC) Posts Q1 GAAP Loss of $1.22/Share
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Macquarie Infrastructure (NYSE: MIC) reported Q1 EPS of ($1.22), $0.66 worse than the analyst estimate of ($0.56). Revenue for the quarter came in at $398.5 million versus the consensus estimate of $442.5 million.
Proportionately combined Free Cash Flow per share increased 45.6% to $1.68 versus $1.15 in the prior comparable period. The smaller per share increase compared with the growth in total Free Cash Flow reflects the impact on a weighted average basis of the issuance of 16.8 million additional shares over the 12 months ended March 31, 2015.
For earnings history and earnings-related data on Macquarie Infrastructure (MIC) click here.
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