Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Releases Earnings Results, Misses Estimates By $0.06 EPS

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) announced its earnings results on Monday. The transportation company reported $5.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.54 by ($0.06), Zacks reports. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 50.08% and a return on equity of 26.25%. The firm had revenue of $449.41 million during the quarter, compared to analyst estimates of $408.15 million.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 3.1 %

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded down $8.57 during trading hours on Thursday, hitting $265.30. The stock had a trading volume of 32,028 shares, compared to its average volume of 52,169. The business's 50 day simple moving average is $270.81 and its 200-day simple moving average is $271.59. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $248.88 and a one year high of $357.90. The stock has a market cap of $7.96 billion, a price-to-earnings ratio of 10.00, a P/E/G ratio of 7.16 and a beta of 1.09. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ASR shares. StockNews.com cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a report on Thursday, November 21st. Jefferies Financial Group lowered their target price on Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a "hold" rating for the company in a research note on Wednesday, February 12th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.