Corporacion America Airports S.A. (CAAP), Monday announced third-quarter financial results, reporting a surge of 275.2 percent in net income, to $55.1 million, or $0.34 per basic share, from $14.7 million, or $0.09 per basic share, in the previous year.
On average, analysts estimated net income of $0.43 per share for the quarter.
Operating income increased to $147 million from $100.9 million last year.
Revenue rose 14.2 percent, to $527.3 million from $461.8 million a year earlier.
Adjusted EBITDA totaled $196.8 million compared to $146.3 million in the prior year.
In the pre-market hours, CAAP is trading at $22.20, down 1.16 percent on the New York Stock Exchange.
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