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CAAP

Corporación América Airports S.A.

https://www.caap.aero

Industry

Airlines, Airports & Air Services

Corporación América Airports S.A., through its subsidiaries, acquires, develops, and operates airport concessions. It operates 53 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is headquartered in Luxembourg City, Luxembourg. Corporación América Airports S.A. is a subsidiary of A.C.I. Airports S.à r.l.

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Corporación América Airports has announced an increase in domestic passenger fees in Argentina, raising the fee from ARS2,540 to ARS5,685. This change applies to tickets issued from the resolution's publication date and for travel occurring after thirty days.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 6:57 am

Corporacion America Airports (CAAP) expresses confidence in its long-term growth prospects, with expectations of continued positive dynamics in Uruguay and Italy throughout the year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:38 pm

Corporacion America (NYSE:CAAP) reported a decrease in Q2 2024 earnings per share to $0.31 from $0.43 year-over-year, and sales of $416.20 million, missing the $441.82 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:32 pm

Corporación América Airports S.A. (NYSE:CAAP) reported a 4.2% decrease in total passenger traffic for July 2024 compared to the previous year. Excluding Natal, the decrease was 1.8%. However, international passenger traffic increased by 7.6% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:36 pm

Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:47 pm

Citigroup analyst Stephen Trent maintains a Buy rating on Corporacion America (NYSE:CAAP) and raises the price target from $21 to $21.5.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:09 pm

Corporacion America (NYSE:CAAP) reported strong Q1 earnings, with EPS of $0.95 beating the $0.41 estimate and sales of $433.05M surpassing the $428.44M estimate. This represents a significant year-over-year increase in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:48 pm

Corporacion America (NYSE:CAAP) reported Q4 earnings with an EPS of $0.81, surpassing estimates by 170% but with a revenue decrease of $21.40 million from the previous year. The company had previously missed EPS estimates last quarter, leading to a 5% share price drop the following day.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 8:40 pm

Corporacion America (NYSE:CAAP) reported Q4 earnings of $0.81 per share, surpassing the $0.29 estimate, marking a 912.5% increase from last year. However, its Q4 sales of $365M fell short of the $431.1M estimate, a 5.54% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 8:33 pm

Numerous companies are scheduled to report their quarterly earnings on March 20, 2024, with expectations ranging from significant profits to losses. Notable mentions include BioNTech with projected earnings of $2.64 per share, PDD Holdings expecting $1.60 per share, and Micron Technology anticipated to report a loss of $0.26 per share. The diversity in performance across sectors highlights the varied economic landscape.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:32 am

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