Corporacion America Airports SA CAAP.N reported quarterly adjusted earnings of 21 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 81 cents. The mean expectation of three analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 22 cents to 33 cents per share.
Revenue rose 26.3% to $461.10 million from a year ago; analysts expected $424.37 million.
Corporacion America Airports SA's reported EPS for the quarter was 21 cents.
Corporacion America Airports SA shares had risen by 3.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 28.7% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the airport operators & services peer group is also "buy"
Wall Street's median 12-month price target for Corporacion America Airports SA is $21.00
This summary was machine generated from LSEG data March 19 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)