Grupo Aeroportuario del Pacifico (BMV: GAP B) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Grupo Aeroportuario del Pacifico beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded.
Margins expanded across the board.
Grupo Aeroportuario del Pacifico notched revenue of $97.9 million. The two analysts polled by S&P Capital IQ expected to see revenue of $88.4 million on the same basis. GAAP reported sales were 9.9% higher than the prior-year quarter's $89.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.06. The one earnings estimate compiled by S&P Capital IQ forecast $0.05 per share. GAAP EPS of $0.06 for Q3 were 50% higher than the prior-year quarter's $0.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 77.7%, 4,620 basis points better than the prior-year quarter. Operating margin was 43.2%, 1,170 basis points better than the prior-year quarter. Net margin was 37.2%, 930 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $93.5 million. On the bottom line, the average EPS estimate is $0.05.
Next year's average estimate for revenue is $363.4 million. The average EPS estimate is $0.19.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Grupo Aeroportuario del Pacifico is hold, with an average price target of $4.22.
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