In This Article:
Corporación América Airports (NYSE:CAAP) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$461.8m (down 1.6% from 3Q 2023).
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Net income: US$14.7m (down 68% from 3Q 2023).
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Profit margin: 3.2% (down from 9.9% in 3Q 2023).
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EPS: US$0.09 (down from US$0.29 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Corporación América Airports Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 83%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Global Infrastructure industry.
Performance of the market in the US.
The company's shares are down 7.7% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Corporación América Airports that you should be aware of.
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