Grupo Aeroportuario del Centro Norte SAB de CV reports results for the quarter ended June 30 - Earnings Summary

• Grupo Aeroportuario del Centro Norte SAB de CV OMAB.OQ reported quarterly adjusted earnings of $1.42​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.55. The mean expectation of three analysts for the quarter was for earnings of $1.52 per share. Wall Street expected results to range from $1.50 to $1.54 per share.

• Revenue rose 10% to $223.45 million from a year ago; analysts expected $199.45 million.

• Grupo Aeroportuario del Centro Norte SAB de CV's reported EPS for the quarter was $1.42​.

• The company reported quarterly net income of $68.55 million.

• Grupo Aeroportuario del Centro Norte SAB de CV shares had fallen by 2.9% this quarter and gained 49.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the airport operators & services peer group is "buy."

• Wall Street's median 12-month price target for Grupo Aeroportuario del Centro Norte SAB de CV is $105.00, about 2.5% above its last closing price of $102.41

This summary was machine generated from LSEG data July 29 at 01:38 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)