Corporación América Airports has delivered strong Q3 2025 results, driven by passenger growth, higher unit revenues, and expanding EBITDA margins. CAAP's international and domestic traffic both grew, with notable strength in Argentina and Armenia, supporting robust revenue and margin expansion. I am revising my rating from strong buy to buy, reflecting lower EBITDA and free cash flow expectations for 2025-2026 and a slightly overvalued current multiple.
Corporación América Airports S.A. ( CAAP ) Q3 2025 Earnings Call November 24, 2025 10:00 AM EST Company Participants Patricio Esnaola - Investor Relations Manager Martin Francisco Eurnekian - CEO & Director Jorge Arruda - Chief Financial Officer Conference Call Participants Guilherme Mendes - JPMorgan Chase & Co, Research Division Andres Cardona - Citigroup Inc., Research Division Daniel Vielman - BofA Securities, Research Division Presentation Operator Good morning, and welcome to the Corporación América Airports' Third Quarter 2025 Conference Call.
Corporacion America Airports S.A. (CAAP) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.53 per share.
Corporación América Airports S.A. (NYSE:CAAP ) Q2 2025 Earnings Conference Call August 21, 2025 10:00 AM ET Company Participants Jorge Arruda Filho - Chief Financial Officer Martin Francisco Antranik Eurnekian Bonnarens - CEO & Director Patricio Inaki Esnaola - Investor Relations Manager Conference Call Participants Guilherme G.
Corporacion America Airports S.A. (CAAP) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.47 per share.
CAAP remains my top Argentine equity pick, and the recent dip under $20 is another buying opportunity. Argentina's pro-business reforms, surging GDP, and robust air traffic growth all point to additional upside for the airport operator. The recent selloff in CAAP and Argentine equities is overdone; strong traffic growth makes CAAP undervalued and poised for new highs.
Corporación América Airports operates 52 airports across Latin America and Europe, offering geographic diversification and exposure to both high-growth and stable markets with long-term concessions. Q1 2025 results confirmed strong operational momentum, with growing international traffic, expanding non-aeronautical revenues, and a resilient margin structure despite inflation and FX volatility. Corporación América Airports trades at deep valuation discounts, with EV/EBITDA and EV/EBIT forward multiples over 50% below sector averages, despite best-in-class operating margins.
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Corporacion America Airports S.A. (NYSE:CAAP ) Q1 2025 Earnings Conference Call May 23, 2025 10:00 AM ET Company Participants Patricio Inaki Esnaola - Head of Investor Relations Martin Eurnekian - Chief Executive Officer Jorge Arruda - Chief Financial Officer Conference Call Participants Fernanda Recchia - BTIG Alejandro Demichelis - Jefferies Stephen Trent - Citi Operator Good morning, and welcome to the Corporacion America Airports First Quarter 2025 Conference Call.
Here is how Corporacion America Airports S.A. (CAAP) and Copa Holdings (CPA) have performed compared to their sector so far this year.
Latin America appears to be a relative safe haven amid the current tariff storm. Argentina's Corporacion America Airports has been putting up increasingly good traffic figures to start 2025. Q4 earnings missed expectations, but that was due to one-time factors. I expect 2025 to be a record year for the company.
Here is how Corporacion America Airports S.A. (CAAP) and Proficient Auto Logistics, Inc. (PAL) have performed compared to their sector so far this year.