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

Corporacion America Airports SA

21/08/2024 22:21

* Corporacion America Airports SA  CAAP.N  reported
quarterly
adjusted earnings of 31 cents​​ per share for the quarter ended
in June, lower than the same quarter last year, when the company
reported EPS of 43 cents.  The mean expectation of two analysts
for the quarter was for earnings of 32 cents per share. Wall
Street expected results to range from 23 cents to 42 cents per
share.
    * Revenue fell 1.5% to $416.20 million from a year ago;
analysts
expected $414.22 million. 
    * Corporacion America Airports SA shares had fallen by 3.9%
this
quarter and lost 0.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 $21.25 
This summary was machine generated from LSEG data August 21 at
09:21 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
 Jun. 30 2024      0.32           0.31           Missed
 Mar. 31 2024      0.41           0.95           Beat
 Dec. 31 2023      0.30           0.81           Beat
 Sep. 30 2023      0.34           0.29           Missed