Corporación América Airports (CAAP) Expected to Announce Quarterly Earnings on Wednesday

Corporación América Airports (NYSE:CAAP) is expected to be releasing its earnings data before the market opens on Wednesday, March 19th. Analysts expect Corporación América Airports to post earnings of $0.15 per share and revenue of $373.00 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Corporación América Airports Price Performance

NYSE:CAAP opened at $19.42 on Tuesday. Corporación América Airports has a 52 week low of $13.97 and a 52 week high of $20.79. The company has a quick ratio of 1.27, a current ratio of 1.29 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $3.17 billion, a PE ratio of 8.99 and a beta of 1.97. The stock’s 50-day moving average price is $18.95 and its 200-day moving average price is $18.50.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. began coverage on Corporación América Airports in a research report on Friday. They set an “overweight” rating and a $22.50 target price on the stock.

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.