Mesa Air Group (NASDAQ:MESA) Releases FY 2021 After-Hours Earnings Guidance

Mesa Air Group (NASDAQ:MESA) issued an update on its FY 2021
After-Hours earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.90-2.30 for the period. Mesa Air Group also updated its FY 2020
After-Hours guidance to $1.50-1.80 EPS.

Shares of MESA traded up $0.19 during trading hours on Wednesday, reaching $9.26. The stock had a trading volume of 677,158 shares, compared to its average volume of 276,488. Mesa Air Group has a 12 month low of $5.35 and a 12 month high of $12.06. The firm has a 50-day simple moving average of $7.57 and a 200 day simple moving average of $8.13. The company has a current ratio of 0.64, a quick ratio of 0.56 and a debt-to-equity ratio of 1.74. The company has a market capitalization of $290.88 million, a price-to-earnings ratio of 7.53, a P/E/G ratio of 0.30 and a beta of 1.68.

MESA has been the topic of a number of recent research reports. Zacks Investment Research cut Mesa Air Group from a hold rating to a strong sell rating in a report on Thursday, August 15th. ValuEngine upgraded Mesa Air Group from a sell rating to a hold rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of $12.83.

About Mesa Air Group

Mesa Air Group, Inc operates as the holding company for Mesa Airlines, Inc, which provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. As of September 30, 2018, it operated a fleet of 145 aircraft with approximately 730 daily departures to 110 cities in the United States, Canada, Mexico, Cuba, and the Bahamas.

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Earnings History and Estimates for Mesa Air Group (NASDAQ:MESA)

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