Corp America Airports Posts Q2 EPS of 32 Cents
CAAP sits 34% above its 52-week low of $17.36.
Summary
Corporación América Airports (CAAP) reported Q2 EPS of 32 cents, a new data point not previously disclosed. The company's Q2 revenue beat estimates, with revenue growth of 8.2% ex-IFRIC12. CAAP also announced a $150 million cash dividend earlier today. The earnings figure adds clarity to the quarter's profitability and may influence positioning ahead of the full earnings call. The stock is up modestly on the news.
At the time of this announcement, CAAP was trading at $23.20 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $17.36 to $30.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.