Corporación América Airports (NYSE:CAAP) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Corporación América Airports (NYSE:CAAP) released its quarterly earnings data on Wednesday. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.15 by $0.06, Zacks reports. Corporación América Airports had a net margin of 20.78% and a return on equity of 28.13%.

Corporación América Airports Trading Down 4.2 %

Shares of CAAP stock opened at $18.48 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 8.54 and a beta of 1.97. The company’s 50-day moving average price is $18.94 and its 200-day moving average price is $18.53. Corporación América Airports has a twelve month low of $13.97 and a twelve month high of $20.79.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. started coverage on shares of Corporación América Airports in a report on Friday, March 14th. They issued an “overweight” rating and a $22.50 price target on the stock.

About Corporación América Airports

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.