Corporacion America Airports (CAAP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Corporacion America Airports S.A. (CAAP) and REV Group (REVG) have performed compared to their sector so far this year.
Corporacion America Airports S.A. (NYSE:CAAP ) Q4 2024 Earnings Conference Call March 19, 2025 9:00 AM ET Company Participants Patricio Inaki Esnaola - Head of Investor Relations Martin Francisco Antranik Eurnekian - Chief Executive Officer Jorge Arruda - Chief Financial Officer Conference Call Participants Alejandro Demichelis - Jefferies Fernanda Recchia - BTG Stephen Trent - Citi Operator Good morning, and welcome to the Corporacion America Airports Fourth Quarter and Year-End 2024 Conference Call.
Corporación America Airports remains undervalued despite a significant rally, and increasingly strong traffic reports are set to power further gains in 2025. The company's profitability metrics have become significantly better over the past few years, which is not yet reflected in its valuation. The stock trades at about 10x earnings and 7x EV/EBITDA, which is too cheap given its double-digit growth potential.
Corporacion America is a company that manages airports in different countries around the world. Its main focus is in the LATAM region. CAAP's revenues for 3Q 2024 were at $404.7 million, a decline of 4.2% YoY. Adjusted EBITDA for the quarter was at $145.4 million. This represents a decrease of 15.9% compared to $179.2 million in 3Q 2023.
Corporación América Airports S.A. (NYSE:CAAP ) Q3 2024 Earnings Call Transcript November 21, 2024 10:00 AM ET Company Participants Patricio Inaki Esnaola - Head of IR Martin Eurnekian - CEO Jorge Arruda - CFO Conference Call Participants Alejandro Demichelis - Jefferies Fernanda Recchia - BTG Jay Singh - Citi Marina Mertens - Latin Securities Operator Good morning, and welcome to the Corporacion America Airports Third Quarter 2024 Conference Call.
Corporacion America Airports SA (CAAP) is a $3 billion international airport operator with significant exposure to Argentina, generating revenue through both aeronautical and commercial streams. Despite challenging conditions, CAAP's revenue in Q2 remained nearly flat, with a decline in Argentina due to inflationary pressures, offset by growth in international passenger numbers and cargo volumes. Argentina's economic improvements, driven by President Milei's austerity measures and reduced inflation, coupled with expected enhancements in Brazil's airport infrastructure, signal potential positive shifts for CAAP's performance.
Does Corporacion America Airports S.A. (CAAP) have what it takes to be a top stock pick for momentum investors?
Corporacion America (NYSE: CAAP ) just reported results for the second quarter of 2024. Corporacion America reported earnings per share of 31 cents.
It's not been a great year for transportation stocks. The benchmark SPDR S&P Transportation ETF (NYSEARCA: XTN ) has fallen 9% over the past 12 months.
Corporacion America Airports operates 52 airports in six countries, primarily in Latin America. The company posted strong Q1 2024 earnings, with revenues increasing 13.4% and operating income growing 22.4%. The stock is undervalued and has significant upside potential, driven by potential growth in 2025 and 2026 and the possibility of multiple expansion.
Corporación América Airports S.A. (NYSE:CAAP ) Q1 2024 Earnings Conference Call May 23, 2024 10:00 AM ET Company Participants Patricio Iñaki Esnaola - Head of Investor Relations Martín Antranik Eurnekian - CEO Jorge Arruda - CFO Conference Call Participants Alejandro Demichelis - Jeffries Pedro Maulhardt - Latin Securities Stephen Trent - Citigroup Inc. Operator Good morning and welcome to the Corporación América Airports First Quarter 2024 Conference Call.