Business Services Industry
Wall Street Column.
Knight Ridder/Tribune Business News, September, 2004
By Steven Lord, Wall Street Column Knight Ridder/Tribune Business News
Sep. 20--Low-priced stocks:
"MESA Air Group (MESA) appears to offer excellent long-term growth potential with a bargain-basement price tag. Mesa is a holding company whose principal subsidiaries operate as regional air carriers providing scheduled passenger and airfreight service.
"Ninety-eight percent of fiscal 2003 passenger revenues were derived from operations associated with code-share agreements with other airlines. Third-quarter pro-forma earnings per share improved to 28 cents on revenues of $239.6 million, from earnings of 24 cents per share and revenues of $154.1 million a year ago. This was Mesa's sixth quarter of improving earnings and the 23rd...
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