Grupo Aeroportuario del Centro Norte (OMAB) to Release Quarterly Earnings on Monday

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) will be posting its quarterly earnings results before the market opens on Monday, October 28th. Parties that wish to listen to the company’s conference call can do so using this link.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last released its earnings results on Thursday, July 25th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.21. The company had revenue of $203.24 million during the quarter. Grupo Aeroportuario del Centro Norte had a return on equity of 53.36% and a net margin of 35.08%. On average, analysts expect Grupo Aeroportuario del Centro Norte to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Grupo Aeroportuario del Centro Norte Stock Performance

Shares of Grupo Aeroportuario del Centro Norte stock opened at $69.70 on Monday. The business’s fifty day simple moving average is $67.04 and its 200 day simple moving average is $72.77. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.35. Grupo Aeroportuario del Centro Norte has a 12 month low of $55.00 and a 12 month high of $90.53. The firm has a market capitalization of $2.97 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 3.71 and a beta of 1.32.

Analyst Ratings Changes

A number of equities research analysts have recently commented on OMAB shares. Scotiabank upgraded Grupo Aeroportuario del Centro Norte from a “sector underperform” rating to a “sector perform” rating in a research note on Wednesday, September 25th. Morgan Stanley raised shares of Grupo Aeroportuario del Centro Norte from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $82.00 to $77.00 in a research report on Friday, September 6th. Finally, StockNews.com cut shares of Grupo Aeroportuario del Centro Norte from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th.

Grupo Aeroportuario del Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.