Corporacion America Airports SA reports results for the quarter ended in December - Earnings Summary

Corporacion America Airports SA

20/03/2024 21:51

* Corporacion America Airports SA  CAAP.N  reported
quarterly
adjusted earnings of 81 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 8 cents.  The mean expectation of
two analysts for the quarter was for earnings of 30 cents per
share. Wall Street expected results to range from 19 cents to 41
cents per share.
    * Revenue fell 5.5% to $365.00 million from a year ago;
analysts
expected $440.02 million. 
    * Corporacion America Airports SA shares had fallen by 6.5%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 26.7%
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." 
    * Wall Street's median 12-month price target for Corporacion
America Airports SA is $20.00 

This summary was machine generated from LSEG data March 20 at
09:50 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.30           0.81           Beat
 Sep. 30 2023      0.34           0.29           Missed
 Jun. 30 2023      0.20           0.43           Beat
 Mar. 31 2023      0.08           0.20           Beat