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Stock impact report

MIC Reports First Quarter 2021 Financial And Operational Results

Macquarie Infrastructure Holdings, LLC Common Unit (MIC) 
Last macquarie infrastructure holdings, llc common unit earnings: 2/25 07:00 am Check Earnings Report
Company Research Source: PR Newswire
NEW YORK, May 4, 2021 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) (the "Company") today announced its operational and financial results for the first quarter 2021. The results reflect better than expected contributions from Atlantic Aviation driven by increasing general aviation flight activity, and from MIC Hawaii driven by increasing numbers of visitors to Hawaii. "We are pleased to report improved overall results this quarter. The ongoing recovery in economic activity lifted general aviation flight activity in March above the corresponding 2019 levels in markets served by Atlantic Aviation," said Christopher Frost, chief executive officer of MIC. "While visitor arrivals in Hawaii have yet to reach 2019 numbers, they are ahead of our expectations and contributing to a recovery in the performance of our MIC Hawaii businesses.""On the strength of our financial performance in the first quarter, we are raising our earnings estimates for 2021. We remain confident in Show less Read more
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