Latest news with #CorporaciónAméricaAirports
Associated Press
29-05-2025
- Business
- Associated Press
CAAP Increases Stake in Toscana Aeroporti
LUXEMBOURG--(BUSINESS WIRE)--May 29, 2025-- Corporación América Airports S.A. (NYSE: CAAP), ('CAAP' or the 'Company'), one of the world's leading private airport operators, announced today that it has acquired, through a wholly-owned subsidiary, the remaining 25% interest in Corporación América Italia S.p.A. ('CAI') from the Investment Corporation of Dubai ('ICD'), thereby increasing its total interest in CAI to 100%. CAI holds a 62.28% interest in Toscana Aeroporti S.p.A. ('TA'), the Company's subsidiary that operates the Pisa and Florence airports. The transaction was completed through a share swap agreement, with CAAP delivering 1,996,439 newly issued shares to ICD as consideration for the 25% interest in CAI. To ensure a fair valuation, an internationally recognized firm was engaged to provide an independent fairness opinion. With this acquisition, CAAP has increased its indirect economic interest in Toscana Aeroporti S.p.A. by 15.6%, further strengthening its strategic position in the Italian airport sector. About Corporación América Airports Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker 'CAAP'. For more information, visit View source version on CONTACT: Investor Relations Contact Patricio Iñaki Esnaola Email:[email protected] Phone: +5411 4899-6716 KEYWORD: NEW YORK EUROPE LUXEMBOURG UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TRANSPORTATION AIR TRANSPORT TRAVEL SOURCE: Corporación América Airports Copyright Business Wire 2025. PUB: 05/29/2025 08:53 AM/DISC: 05/29/2025 08:52 AM
Yahoo
26-05-2025
- Business
- Yahoo
Corporación América Airports S.A. Just Missed Earnings - But Analysts Have Updated Their Models
Corporación América Airports S.A. (NYSE:CAAP) shareholders are probably feeling a little disappointed, since its shares fell 3.3% to US$21.19 in the week after its latest first-quarter results. Revenue of US$448m surpassed estimates by 5.9%, although statutory earnings per share missed badly, coming in 47% below expectations at US$0.25 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Corporación América Airports after the latest results. Our free stock report includes 1 warning sign investors should be aware of before investing in Corporación América Airports. Read for free now. Taking into account the latest results, the five analysts covering Corporación América Airports provided consensus estimates of US$1.72b revenue in 2025, which would reflect a small 7.4% decline over the past 12 months. Statutory earnings per share are predicted to bounce 48% to US$1.57. In the lead-up to this report, the analysts had been modelling revenues of US$1.80b and earnings per share (EPS) of US$1.90 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a substantial drop in earnings per share estimates. View our latest analysis for Corporación América Airports Despite the cuts to forecast earnings, there was no real change to the US$22.33 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on Corporación América Airports, with the most bullish analyst valuing it at US$24.70 and the most bearish at US$19.30 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 9.7% by the end of 2025. This indicates a significant reduction from annual growth of 17% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 5.7% per year. It's pretty clear that Corporación América Airports' revenues are expected to perform substantially worse than the wider industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Corporación América Airports. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. The consensus price target held steady at US$22.33, with the latest estimates not enough to have an impact on their price targets. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Corporación América Airports going out to 2027, and you can see them free on our platform here. Plus, you should also learn about the 1 warning sign we've spotted with Corporación América Airports . Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
15-05-2025
- Business
- Yahoo
Corporación América Airports Announces First Quarter 2025 Financial Results Call and Webcast
LUXEMBOURG, May 15, 2025--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its First Quarter 2025 results on Thursday, May 22, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings ReleaseThursday, May 22, 2025Time: After Market Closes Conference CallFriday, May 23, 2025Time: 10:00 am Eastern Time ExecutivesMr. Martín Eurnekian, Chief Executive OfficerMr. Jorge Arruda, Chief Financial OfficerMr. Patricio Iñaki Esnaola, Head of Investor Relations To participate, please dial in1-800-549-8228 (North America, Toll Free)1-289-819-1520 (Other locations)Conference ID: 53287 Webcast (click here) Recording Playback Numbers1-888-660-6264 (North America, Toll Free)1-289-819-1325 (Other locations)Playback Passcode: 53287 # About Corporación América Airports Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker "CAAP". For more information, visit View source version on Contacts Investor Relations Contact Patricio Iñaki EsnaolaEmail: Phone: +5411 4899-6716 Sign in to access your portfolio
Business Wire
15-05-2025
- Business
- Business Wire
Corporación América Airports Announces First Quarter 2025 Financial Results Call and Webcast
LUXEMBOURG--(BUSINESS WIRE)-- Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its First Quarter 2025 results on Thursday, May 22, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings Release Thursday, May 22, 2025 Time: After Market Closes Conference Call Friday, May 23, 2025 Time: 10:00 am Eastern Time Executives Mr. Martín Eurnekian, Chief Executive Officer Mr. Jorge Arruda, Chief Financial Officer Mr. Patricio Iñaki Esnaola, Head of Investor Relations To participate, please dial in 1-800-549-8228 (North America, Toll Free) 1-289-819-1520 (Other locations) Conference ID: 53287 Webcast (click here) Recording Playback Numbers 1-888-660-6264 (North America, Toll Free) 1-289-819-1325 (Other locations) Playback Passcode: 53287 # About Corporación América Airports Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker 'CAAP'. For more information, visit
Yahoo
15-04-2025
- Business
- Yahoo
Corporación América Airports S.A.'s (NYSE:CAAP) Stock Is Going Strong: Is the Market Following Fundamentals?
Corporación América Airports (NYSE:CAAP) has had a great run on the share market with its stock up by a significant 11% over the last week. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Corporación América Airports' ROE. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Our free stock report includes 1 warning sign investors should be aware of before investing in Corporación América Airports. Read for free now. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Corporación América Airports is: 20% = US$308m ÷ US$1.5b (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every $1 worth of shareholders' equity, the company generated $0.20 in profit. See our latest analysis for Corporación América Airports So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. At first glance, Corporación América Airports seems to have a decent ROE. Especially when compared to the industry average of 9.3% the company's ROE looks pretty impressive. This probably laid the ground for Corporación América Airports' significant 63% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. We then compared Corporación América Airports' net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 13% in the same 5-year period. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for CAAP? You can find out in our latest intrinsic value infographic research report. Corporación América Airports doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above. On the whole, we feel that Corporación América Airports' performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
