Q1 2019 Earnings Estimate for Corporacion America Airports SA Issued By Oppenheimer (CAAP)

Corporacion America Airports SA (NYSE:CAAP) – Analysts at Oppenheimer issued their Q1 2019 EPS estimates for shares of Corporacion America Airports in a report issued on Thursday, April 11th. Oppenheimer analyst I. Zaffino anticipates that the company will post earnings of ($0.39) per share for the quarter. Oppenheimer also issued estimates for Corporacion America Airports’ Q2 2019 earnings at ($0.40) EPS, Q3 2019 earnings at ($0.32) EPS, Q4 2019 earnings at ($0.41) EPS and FY2020 earnings at $1.13 EPS.

Several other research analysts have also weighed in on the stock. Goldman Sachs Group restated a “buy” rating on shares of Corporacion America Airports in a research note on Thursday, January 24th. Zacks Investment Research lowered shares of Corporacion America Airports from a “hold” rating to a “sell” rating in a research note on Tuesday, January 1st.

Corporacion America Airports stock opened at $7.70 on Monday. The stock has a market cap of $1.19 billion, a PE ratio of 192.50 and a beta of 2.02. Corporacion America Airports has a fifty-two week low of $5.70 and a fifty-two week high of $13.24. The company has a current ratio of 1.27, a quick ratio of 1.25 and a debt-to-equity ratio of 1.00.

Corporacion America Airports (NYSE:CAAP) last released its quarterly earnings data on Thursday, April 11th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.07. The company had revenue of $371.00 million for the quarter. Corporacion America Airports had a negative net margin of 0.99% and a negative return on equity of 1.54%.

Several institutional investors have recently added to or reduced their stakes in CAAP. Legal & General Group Plc acquired a new position in shares of Corporacion America Airports during the 3rd quarter worth about $64,000. Renaissance Technologies LLC acquired a new position in Corporacion America Airports in the 3rd quarter valued at about $587,000. Millennium Management LLC grew its stake in Corporacion America Airports by 19.1% in the 4th quarter. Millennium Management LLC now owns 101,212 shares of the company’s stock valued at $671,000 after buying an additional 16,244 shares during the last quarter. FMR LLC grew its stake in Corporacion America Airports by 13.9% in the 4th quarter. FMR LLC now owns 102,580 shares of the company’s stock valued at $680,000 after buying an additional 12,500 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Corporacion America Airports by 4.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 112,038 shares of the company’s stock valued at $743,000 after buying an additional 4,698 shares during the last quarter. Institutional investors own 11.65% of the company’s stock.

Corporacion America Airports Company Profile

Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.

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