Corporación América Airports (NYSE:CAAP - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.12), Zacks reports. Corporación América Airports had a return on equity of 28.13% and a net margin of 20.78%. The firm had revenue of $461.10 million for the quarter, compared to analyst estimates of $373.00 million.
Corporación América Airports Price Performance
Corporación América Airports stock traded up $0.46 during trading on Friday, reaching $18.14. The company had a trading volume of 283,892 shares, compared to its average volume of 175,012. The firm's 50-day simple moving average is $18.87 and its 200 day simple moving average is $18.59. Corporación América Airports has a 1-year low of $13.97 and a 1-year high of $20.79. The firm has a market capitalization of $2.96 billion, a PE ratio of 8.40 and a beta of 1.97. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 1.29.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. started coverage on shares of Corporación América Airports in a research note on Friday, March 14th. They issued an "overweight" rating and a $22.50 price target on the stock.
View Our Latest Stock Report on Corporación América Airports
About Corporación América Airports
(
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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.
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