Grupo Aeroportuario del Q3 EPS $2.90 Misses $2.95 Estimate, Sales $433.30M Miss $454.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grupo Aeroportuario del (NYSE:PAC) reported Q3 earnings of $3.00 per share, beating the analyst consensus estimate of $2.93 by 2.39%. This is a 15.38% increase from the same period last year. However, the company's quarterly sales of $395.74 million missed the analyst consensus estimate of $450.60 million by 12.17%, but still represented an 18.55% increase from the same period last year.
October 24, 2023 | 6:51 am
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Grupo Aeroportuario del's Q3 earnings beat estimates, but sales missed expectations. This mixed result could lead to uncertain short-term price movements.
Grupo Aeroportuario del's earnings beat and sales miss could lead to mixed investor sentiment, resulting in uncertain short-term price movements. The earnings beat indicates strong profitability, but the sales miss may raise concerns about revenue growth.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100