Mesa Air Group (MESA) Tops Q2 EPS by 4c, Revenues Beat
Mesa Air Group (NASDAQ: MESA) reported Q2 EPS of $0.05, $0.04 better than the analyst estimate of $0.01. Revenue for the quarter came in at $179.9 million versus the consensus estimate of $169.24 million.
“This is an incredibly difficult time for our industry and our country,” said Jonathan Ornstein, Mesa Air Group Chairman and Chief Executive Officer. “We are taking every measure to manage our resources responsibly. I am deeply appreciative of all our employees for their dedication and commitment and would also like to thank the Congress and the Administration for the very significant assistance we received under the CARES Act. We continue to work closely and cooperatively with our partners through this tumultuous period.”
“The health and safety of our employees and passengers is our top priority,” said Brad Rich, Executive Vice President and Chief Operating Officer. “Together with United and American, we continue to implement a number of procedures to ensure our aircraft and work areas are as clean and safe as possible.”
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