Corporacion America Airports SA (NYSE:CAAP) is reporting second quarter earnings results on Thursday 20th August 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.08 per share.
For the full year, analysts predict revenues of $ 886.10 million, while looking forward to income of $ 0.35 per share.
Previous Quarter Performance
Corporacion America Airports SA reported loss for the first quarter of $ 0.09 per share, from the revenue of $ 302.80 million. The quarterly revenues shrunk 16.02 percent compared with the same quarter last year. According to street consensus, CAAP was expected to report 1Q20 income of $ 0.10 per share from revenue of $ 232.27 million. The bottom line results missed street analysts by $ 0.19 or 190 percent, at the same time, top line results outshined analysts by $ 70.53 million or 30.37 percent.
Stock Performance
According to the previous trading day, closing price of CAAP was $ 2.60, representing a 61.49 % increase from the 52 week low of $ 1.61 and a 60 % decrease over the 52 week high of $ 6.50.
The company has a market capital of $ 416.06 million and is part of the Industrials sector and Airports & Air Services industry.
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Corporación América Airports S.A. acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia.
