Grupo Aeroportuario del Pacifico Beats on Both Top and Bottom Lines

Grupo Aeroportuario del Pacifico (BMV: GAP B) reported earnings on Oct. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Grupo Aeroportuario del Pacifico beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded.


Margins expanded across the board.

Revenue details
Grupo Aeroportuario del Pacifico notched revenue of $97.9 million. The two analysts polled by S&P Capital IQ expected to see revenue of $88.4 million on the same basis. GAAP reported sales were 9.9% higher than the prior-year quarter's $89.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.06. The one earnings estimate compiled by S&P Capital IQ forecast $0.05 per share. GAAP EPS of $0.06 for Q3 were 50% higher than the prior-year quarter's $0.04 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 77.7%, 4,620 basis points better than the prior-year quarter. Operating margin was 43.2%, 1,170 basis points better than the prior-year quarter. Net margin was 37.2%, 930 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $93.5 million. On the bottom line, the average EPS estimate is $0.05.

Next year's average estimate for revenue is $363.4 million. The average EPS estimate is $0.19.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Grupo Aeroportuario del Pacifico is hold, with an average price target of $4.22.

Can your retirement portfolio provide you with enough income to last? You'll need more than Grupo Aeroportuario del Pacifico. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.

The article Grupo Aeroportuario del Pacifico Beats on Both Top and Bottom Lines originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Goal Setting

Want to succeed? Then you need goals!

View Course »

Behavioral Finance

Why do investors make the decisions that they do?

View Course »

Add a Comment

*0 / 3000 Character Maximum