Southeast Airport Group Q1 EPADS $6.21 Beats $4.97 Estimate, Sales $449.72M Beat $418.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Southeast Airport Group (NYSE:ASR) reported Q1 earnings per share (EPS) of $6.21, surpassing the consensus estimate of $4.97 by 25.03%, and a 33.92% increase from last year's $4.64 EPS. Q1 sales reached $449.72M, exceeding estimates of $418.86M by 7.37%, marking a 30.18% increase from the previous year's $345.47M.
April 23, 2024 | 4:57 am
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Southeast Airport Group reported a significant beat on both EPS and sales estimates for Q1, with EPS at $6.21 against a $4.97 estimate and sales of $449.72M against a $418.86M estimate.
The substantial beat on both earnings per share and sales estimates indicates strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
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