Corporacion America (NYSE:CAAP) will release its quarterly earnings report on Wednesday, 2024-11-20. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Corporacion America to report an earnings per share (EPS) of $0.18.
The announcement from Corporacion America is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
During the last quarter, the company reported an EPS missed by $0.01, leading to a 4.25% drop in the share price on the subsequent day.
Here's a look at Corporacion America's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.32 | 0.41 | 0.30 | 0.34 |
| EPS Actual | 0.31 | 0.95 | 0.81 | 0.29 |
| Price Change % | -4.0% | -4.0% | 0.0% | -5.0% |
Market Performance of Corporacion America's Stock
Shares of Corporacion America were trading at $19.04 as of November 15. Over the last 52-week period, shares are up 49.92%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Corporacion America visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
