Corporación América Airports First Quarter 2024 Earnings: EPS: US$0.95 (vs US$0.20 in 1Q 2023)

Corporación América Airports (NYSE:CAAP) First Quarter 2024 Results

Key Financial Results

• Revenue: US$433.0m (up 12% from 1Q 2023).
• Net income: US$152.7m (up 372% from 1Q 2023).
• Profit margin: 35% (up from 8.4% in 1Q 2023).
• EPS: US$0.95 (up from US$0.20 in 1Q 2023).

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

Corporación América Airports Earnings Insights

Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Global Infrastructure industry.

Performance of the market in the US.

The company's shares are down 2.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Corporación América Airports that we have uncovered.

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