Corporación América Airports (CAAP) to Release Earnings on Wednesday

Corporación América Airports (NYSE:CAAP) is scheduled to announce its earnings results after the market closes on Wednesday, August 21st. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Corporación América Airports (NYSE:CAAP) last issued its quarterly earnings data on Thursday, May 23rd. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.54. The business had revenue of $433.05 million during the quarter. Corporación América Airports had a return on equity of 39.57% and a net margin of 23.65%. During the same period last year, the company earned $0.20 earnings per share. On average, analysts expect Corporación América Airports to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Corporación América Airports Stock Up 0.8 %

Shares of Corporación América Airports stock opened at $16.09 on Monday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.14 and a quick ratio of 1.12. Corporación América Airports has a 1-year low of $10.57 and a 1-year high of $18.89. The business’s fifty day moving average price is $16.55 and its two-hundred day moving average price is $16.51. The company has a market capitalization of $2.63 billion, a P/E ratio of 6.49 and a beta of 2.12.

Wall Street Analyst Weigh In

Separately, Citigroup raised their price objective on shares of Corporación América Airports from $21.00 to $21.50 and gave the company a “buy” rating in a research note on Monday, June 3rd.

About Corporación América Airports

Corporación América Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. and changed its name to Corporación América Airports SA in September 2017.