Grupo Aeroportuario del Centro Norte (OMAB) Scheduled to Post Earnings on Monday

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) is scheduled to be releasing its earnings data before the market opens on Monday, October 28th. Analysts expect Grupo Aeroportuario del Centro Norte to post earnings of $1.40 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last posted its earnings results on Thursday, July 25th. The transportation company reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.21. Grupo Aeroportuario del Centro Norte had a return on equity of 53.36% and a net margin of 35.08%. The business had revenue of $203.24 million for the quarter. On average, analysts expect Grupo Aeroportuario del Centro Norte to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Grupo Aeroportuario del Centro Norte Stock Up 1.2 %

OMAB opened at $66.01 on Friday. The stock’s fifty day simple moving average is $67.10 and its 200 day simple moving average is $72.16. Grupo Aeroportuario del Centro Norte has a 1-year low of $55.00 and a 1-year high of $90.53. The stock has a market cap of $2.81 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 4.02 and a beta of 1.32. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.35.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on OMAB shares. Morgan Stanley raised shares of Grupo Aeroportuario del Centro Norte from an “equal weight” rating to an “overweight” rating and dropped their price objective for the company from $82.00 to $77.00 in a research report on Friday, September 6th. Scotiabank raised shares of Grupo Aeroportuario del Centro Norte from a “sector underperform” rating to a “sector perform” rating in a report on Wednesday, September 25th. Finally, StockNews.com downgraded shares of Grupo Aeroportuario del Centro Norte from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th.

About Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.