Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Announces Earnings Results, Misses Expectations By $0.03 EPS

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) issued its quarterly earnings data on Tuesday. The transportation company reported $5.74 EPS for the quarter, missing the consensus estimate of $5.77 by ($0.03), Zacks reports. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 50.08% and a return on equity of 26.25%. The business had revenue of $430.05 million for the quarter, compared to analysts' expectations of $462.98 million.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 2.5 %

ASR stock traded up $7.90 during trading on Friday, reaching $321.41. 84,127 shares of the stock were exchanged, compared to its average volume of 45,423. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $248.88 and a 1 year high of $357.90. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $9.64 billion, a price-to-earnings ratio of 12.12, a P/E/G ratio of 7.16 and a beta of 0.73. The business has a 50 day moving average price of $277.36 and a 200-day moving average price of $271.86.

Analysts Set New Price Targets

Separately, Jefferies Financial Group decreased their target price on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a "hold" rating for the company in a research report on Wednesday, February 12th.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.