Corporacion America Q1 EPS $0.20 Beats $0.08 Estimate, Sales $382.10M Beat $344.73M Estimate
Portfolio Pulse from Bill Haddad
Corporacion America (NYSE:CAAP) reported Q1 earnings of $0.20 per share, beating the $0.08 estimate by 150%. Sales reached $382.10M, surpassing the $344.73M estimate by 10.84%. This represents a 25% increase in earnings and a 48.04% increase in sales compared to the same period last year.
May 23, 2023 | 8:34 pm
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Corporacion America's Q1 earnings beat estimates with a 150% increase in EPS and a 10.84% increase in sales. Earnings and sales increased by 25% and 48.04% YoY, respectively.
Corporacion America's Q1 earnings beat analyst estimates by a significant margin, with a 150% increase in EPS and a 10.84% increase in sales. This strong performance, along with a 25% increase in earnings and a 48.04% increase in sales compared to the same period last year, is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100