Corporación América Airports (NYSE:CAAP) Releases Earnings Results, Beats Expectations By $0.54 EPS

Corporación América Airports (NYSE:CAAP) released its earnings results on Monday. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate 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 prior year, the firm posted $0.20 EPS.

Corporación América Airports Stock Down 0.7 %

NYSE CAAP traded down $0.12 on Thursday, reaching $18.14. 17,096 shares of the company’s stock traded hands, compared to its average volume of 143,763. Corporación América Airports has a fifty-two week low of $10.04 and a fifty-two week high of $18.89. The company has a current ratio of 1.09, a quick ratio of 1.07 and a debt-to-equity ratio of 1.41. The stock has a 50 day moving average price of $16.94 and a 200-day moving average price of $15.62.

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.