Corporación América Airports (NYSE:CAAP) Announces Quarterly Earnings Results

Corporación América Airports (NYSE:CAAP) issued its quarterly earnings data on Monday. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.54, Zacks reports. Corporación América Airports had a net margin of 17.00% and a return on equity of 30.10%. During the same quarter in the previous year, the business posted $0.20 EPS.

Corporación América Airports Stock Performance

Shares of CAAP stock opened at $18.07 on Thursday. The company has a 50-day moving average of $16.94 and a two-hundred day moving average of $15.62. The company has a quick ratio of 1.07, a current ratio of 1.09 and a debt-to-equity ratio of 1.41. Corporación América Airports has a 1-year low of $10.04 and a 1-year high of $18.89.

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.