Grupo Aeroportuario del Pacífico. de Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Grupo Aeroportuario del Pacífico. de (BMV:GAPB) Third Quarter 2024 Results

Key Financial Results

• Revenue: Mex$8.23b (up 11% from 3Q 2023).
• Net income: Mex$1.98b (down 16% from 3Q 2023).
• Profit margin: 24% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: Mex$3.92 (down from Mex$4.64 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Grupo Aeroportuario del Pacífico. de Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 4.5%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Infrastructure industry in South America.

Performance of the market in Mexico.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Grupo Aeroportuario del Pacífico. de has 2 warning signs we think you should be aware of.

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