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A Look Ahead: Corporacion America's Earnings Forecast

Author: Benzinga Insights | November 19, 2024 10:21am

Corporacion America (NYSE:CAAP) is preparing to release its quarterly earnings on Wednesday, 2024-11-20. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Corporacion America to report an earnings per share (EPS) of $0.18.

Investors in Corporacion America are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

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%

eps graph

Tracking Corporacion America's Stock Performance

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.

Posted In: CAAP

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