Macquarie Infrastructure (MIC) Misses Q1 EPS by 18c, Revenues Miss

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Go back to Macquarie Infrastructure (MIC) Misses Q1 EPS by 18c, Revenues Miss

MIC Reports First Quarter 2020 Financial And Operational Results

May 5, 2020 7:00 AM EDT

NEW YORK, May 5, 2020 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today announced its first quarter 2020 operational and financial results. The first quarter results reflect the stable performance of its operating businesses through the first ten weeks of the quarter and a sharp decline in Atlantic Aviation and MIC Hawaii's performance in the last two weeks as a result of the implementation of travel, public gathering and other restrictions to combat the outbreak of COVID-19.

The impact of the COVID-19 pandemic on Atlantic Aviation and MIC Hawaii was partially offset by improved... More