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Grupo Aeroportuario Del Centro (OMAB)
NASDAQ:OMAB
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.31Last Year’s EPS
1.09Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: -5.21%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
OMA showed strong growth in international traffic and commercial revenue, supported by infrastructure expansion and sustainability achievements. However, challenges include a decline in domestic traffic and increased concession tax expenses, with a cautious outlook due to macroeconomic volatility.Company Guidance
During the Grupo Aeroportuario del Centro Norte (OMA) fourth-quarter 2024 earnings call, guidance was provided with multiple metrics highlighted. Total passenger traffic across OMA's 13 airports increased by 4.6% year-over-year, fueled by a 1.5% rise in domestic traffic and a substantial 26.4% growth in international traffic. Financially, total aeronautical and non-aeronautical revenues grew by 13.6%, reaching Ps.3.3 billion for the quarter, with aeronautical revenue up by 11% and non-aeronautical revenue by 22%. The adjusted EBITDA for the year stood at Ps.9.1 billion, with a margin of 74.3%. The company invested Ps.951 million in capital expenditures during the quarter, primarily at Monterrey Airport, enhancing its capacity to nearly 14 million passengers annually. OMA also expects sustained growth in Monterrey's route network and is planning further investments to expand the airport's capacity to 16 million passengers by 2026.Record International Passenger Traffic Growth
International passenger traffic grew significantly by 26.4% in the fourth quarter and 15% for the full year 2024 compared to 2023. This was a result of new routes and increased capacity to the U.S.
Strong Commercial Revenue Performance
Commercial revenues per passenger reached a record high of 60 pesos, a 17% increase compared to 2023. Restaurant revenues grew by 22%, VIP lounge revenues increased by 51%, and parking revenues rose by 33 million pesos.
Expansion and Development at Monterrey Airport
Significant infrastructure expansions at Monterrey Airport have increased passenger capacity to nearly 14 million annually, with plans to further expand to 16 million by early 2026.
Diversification Success
OMA Cargo grew by 22% and the industrial service revenue increased by 61% for the full year. Hotel services also saw a 20% revenue growth.
Level 3 Optimization Certification for Sustainability
All 13 OMA airports obtained Level 3 Optimization Certification on the Airport Carbon Accreditation Program, reflecting commitment to reducing carbon emissions.
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OMAB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OMAB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 24, 2025 | $79.20 | $76.72 | -3.13% |
| Oct 24, 2024 | $63.28 | $64.05 | +1.22% |
| Jul 25, 2024 | $67.19 | $67.27 | +0.12% |
| Apr 24, 2024 | $76.66 | $80.63 | +5.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Grupo Aeroportuario Del Centro (OMAB) report earnings?
Grupo Aeroportuario Del Centro (OMAB) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Grupo Aeroportuario Del Centro (OMAB) earnings time?
Grupo Aeroportuario Del Centro (OMAB) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OMAB EPS forecast?
OMAB EPS forecast for the fiscal quarter 2025 (Q1) is 1.31.
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