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Recap: Corporacion America Q3 Earnings

Benzinga Insights
·1 min read

Shares of Corporacion America (NYSE:CAAP) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 500.00% over the past year to ($0.90), which missed the estimate of ($0.51).

Revenue of $97,600,000 decreased by 76.60% from the same period last year, which beat the estimate of $86,960,000.

Looking Ahead

Corporacion America hasn't issued any earnings guidance for the time being.

View more earnings on CAAP

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $6.50

52-week low: $1.61

Price action over last quarter: Up 22.54%

Company Description

Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador, Armenia and Peru. The company generates a majority of its revenue from the Argentina segment.

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