Corporacion America Airports SA CAAP.N reported quarterly adjusted earnings of 9 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of two analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 19 cents to 52 cents per share.
Revenue fell 1.6% to $461.80 million from a year ago; analysts expected $442.31 million.
Corporacion America Airports SA shares had risen by 12.9% this quarter and gained 22.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 19.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
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 November 20 at 10:01 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 |
Sep. 30 2024 | 0.35 | 0.09 | 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 |
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