Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Announces Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) released its quarterly earnings data on Monday. The transportation company reported $5.48 earnings per share for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06), Zacks reports. The firm had revenue of $449.41 million for the quarter, compared to the consensus estimate of $408.15 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 50.08% and a return on equity of 26.25%.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance

Shares of NYSE ASR opened at $269.10 on Wednesday. The firm’s 50-day moving average price is $270.73 and its 200-day moving average price is $271.58. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $357.90. The company has a market cap of $8.07 billion, a PE ratio of 10.14, a PEG ratio of 7.16 and a beta of 1.09. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ASR. Jefferies Financial Group reduced their price target on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating for the company in a research report on Wednesday, February 12th. StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Thursday, November 21st.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.