Argentina's Corporación América Airports Q4 revenue  beats on passenger traffic growth

Corporacion America Airports SA

17/03/2026 11:42

Overview

Argentina-based airport operator's Q4 revenue rose 17%, beating analyst expectations

Q4 adjusted EBITDA grew nearly 40%, beating analyst expectations

Operating income for Q4 missed analyst expectations

Outlook

Company did not provide specific financial guidance for 2026 or future periods in its press release

Result Drivers

PASSENGER TRAFFIC GROWTH - Record passenger traffic in Argentina, Armenia, Italy and Uruguay supported Q4 results, per CEO Martín Eurnekian

REVENUE MIX - Both aeronautical and commercial revenues grew at double-digit rates, driving revenue growth above traffic gains, per company

COST DISCIPLINE AND ONE-OFF IMPACT - Argentina benefited from disciplined cost management; EBITDA was positively impacted by a $32.5 mln arbitration award related to the Chinchero concession in Peru, per company

Company press release: ID:nBwwJY8sa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$545.40 mln
$488.37 mln (4 Analysts)
Q4 Adjusted EBITDA
Beat
$215 mln
$185.006 mln (4 Analysts)
Q4 Operating Income
Miss
$128 mln
$143.36 mln (4 Analysts)
Q4 Adjusted EBITDA Margin
39.40%
Q4 Operating Margin
23.50%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the airport operators & services peer group is "buy"

Wall Street's median 12-month price target for Corporacion America Airports SA is $31.00, about 24.3% above its March 16 closing price of $24.93

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)