Central North Airport Gr: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Central North Airport Gr (NASDAQ:OMAB) reported Q3 earnings with an EPS of $1.53, beating estimates by 7.75% and showing a revenue increase of $55.97 million from the previous year. Despite a miss in the last quarter's EPS by $0.03 leading to a 2.92% share price drop, the company has shown improvement in its latest report.
February 23, 2024 | 2:30 pm
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Central North Airport Gr reported a strong Q3 with EPS of $1.53, surpassing estimates by 7.75% and showing significant revenue growth from the previous year.
The positive earnings report, with a beat on EPS estimates and a significant year-over-year revenue increase, suggests a strong performance by Central North Airport Gr. Given the stock's previous sensitivity to earnings reports, as evidenced by the 2.92% drop after last quarter's miss, this positive news is likely to have a favorable impact on OMAB's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100