Corporacion America Airports (NYSE:CAAP) is scheduled to be posting its quarterly earnings results before the market opens on Friday, August 23rd. Analysts expect Corporacion America Airports to post earnings of ($0.43) per share for the quarter.
Corporacion America Airports (NYSE:CAAP) last posted its earnings results on Tuesday, May 21st. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.58. The firm had revenue of $360.55 million during the quarter, compared to analysts’ expectations of $345.00 million. Corporacion America Airports had a net margin of 2.22% and a return on equity of 3.05%. On average, analysts expect Corporacion America Airports to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
CAAP stock opened at $5.54 on Thursday. The stock has a market capitalization of $878.52 million, a P/E ratio of 138.50 and a beta of 1.58. The company has a current ratio of 1.14, a quick ratio of 1.12 and a debt-to-equity ratio of 0.85. Corporacion America Airports has a 12 month low of $4.83 and a 12 month high of $9.84. The firm has a 50-day moving average price of $7.31 and a 200-day moving average price of $7.74.
A number of research analysts have recently commented on the stock. ValuEngine raised shares of Corporacion America Airports from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Zacks Investment Research cut shares of Corporacion America Airports from a “buy” rating to a “hold” rating in a report on Monday, July 29th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Corporacion America Airports currently has an average rating of “Buy” and a consensus price target of $11.50.
About Corporacion America Airports
Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.
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