Grupo Aeroportuario del Centro Norte (OMAB) to Release Earnings on Tuesday

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) is scheduled to be releasing its earnings data on Tuesday, October 26th. Analysts expect Grupo Aeroportuario del Centro Norte to post earnings of $0.62 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last issued its quarterly earnings results on Tuesday, July 27th. The transportation company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The business had revenue of $109.04 million during the quarter. Grupo Aeroportuario del Centro Norte had a return on equity of 12.13% and a net margin of 21.01%. On average, analysts expect Grupo Aeroportuario del Centro Norte to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of NASDAQ OMAB opened at $49.97 on Friday. Grupo Aeroportuario del Centro Norte has a fifty-two week low of $35.13 and a fifty-two week high of $60.53. The company has a market cap of $2.15 billion, a PE ratio of 37.29, a P/E/G ratio of 6.23 and a beta of 1.48. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.97 and a current ratio of 3.97. The business has a 50-day simple moving average of $48.36 and a two-hundred day simple moving average of $50.08.

Separately, Zacks Investment Research upgraded Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a research note on Saturday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Grupo Aeroportuario del Centro Norte presently has an average rating of “Hold” and an average target price of $52.20.

An institutional investor recently raised its position in Grupo Aeroportuario del Centro Norte stock. Wells Fargo & Company MN boosted its stake in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 24.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,662 shares of the transportation company’s stock after acquiring an additional 1,314 shares during the quarter. Wells Fargo & Company MN’s holdings in Grupo Aeroportuario del Centro Norte were worth $347,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 9.12% of the company’s stock.

Grupo Aeroportuario del Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte SAB de CV is a holding company, which engages in operating and managing airports. It operates through the following segments: Metropolitan, Tourist, Regional, Border, Hotel, Industrial Park, and Other. The Metropolitan segment handles operations of the Monterrey airport.

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Earnings History for Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB)

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