Corporación América Airports (CAAP) Set to Announce Earnings on Thursday

Posted by Defense World Staff on Aug 15th, 2023

Corporación América Airports (NYSE:CAAP – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Thursday, August 17th. Parties that are interested in participating in the company’s conference call can do so using this link.

Corporación América Airports (NYSE:CAAP – Get Free Report) last announced its quarterly earnings data on Tuesday, May 23rd. The company reported $0.20 EPS for the quarter. The firm had revenue of $382.10 million for the quarter. Corporación América Airports had a return on equity of 20.30% and a net margin of 11.42%.

Corporación América Airports Trading Up 0.5 %

CAAP stock opened at $13.84 on Tuesday. The business has a fifty day moving average of $12.60 and a 200-day moving average of $11.06. The company has a market cap of $2.26 billion, a P/E ratio of 12.93 and a beta of 1.96. Corporación América Airports has a twelve month low of $5.52 and a twelve month high of $14.40. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 1.41.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC grew its stake in shares of Corporación América Airports by 831.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,366 shares of the company’s stock worth $27,000 after purchasing an additional 2,112 shares during the period. BNP Paribas Arbitrage SNC lifted its holdings in shares of Corporación América Airports by 989.3% during the 2nd quarter. BNP Paribas Arbitrage SNC now owns 4,357 shares of the company’s stock valued at $50,000 after purchasing an additional 3,957 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Corporación América Airports in the 4th quarter valued at approximately $159,000. Renaissance Technologies LLC acquired a new position in shares of Corporación América Airports in the 4th quarter valued at approximately $299,000. Finally, Marshall Wace LLP bought a new stake in Corporación América Airports during the 3rd quarter worth approximately $420,000. 13.22% of the stock is currently owned by institutional investors and hedge funds.

About Corporación América Airports

(Get Free Report)

Corporación América Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 53 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.