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Corporacion America: Q4 Earnings Insights

Benzinga · Mar 20 16:40

CAAP +1.82%

Corporacion America (NYSE:CAAP) reported its Q4 earnings results on Wednesday, March 20, 2024 at 04:31 PM.

Here's what investors need to know about the announcement.

Earnings

Corporacion America beat estimated earnings by 170.0%, reporting an EPS of $0.81 versus an estimate of $0.3.

Revenue was down $21.40 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 5.0% drop in the share price the next day.

Here's a look at Corporacion America's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.34	0.20	0.08	-0.17
EPS Actual	0.29	0.43	0.20	0.08
Revenue Estimate	419.28M	349.62M	344.73M	329.10M
Revenue Actual	469.50M	422.70M	382.10M	386.40M

To track all earnings releases for Corporacion America visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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