Grupo Aeroportuario Del Pacifico (PAC)
NYSE:PAC
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Earnings Data
Report Date
Jul 27, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.21Last Year’s EPS
2.82Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a generally positive financial and strategic picture: revenues grew (+2.8%), EBITDA expanded (+6.4%) and liquidity was strengthened (MXN 23.2 billion cash; MXN 10.7 billion bond). Management highlighted strong non-aeronautical/cargo performance and progress on the strategic CBX acquisition, while acknowledging significant near-term operational headwinds — a 5.5% decline in passenger traffic, higher operating costs (+6.5%), hurricane-related disruption in Jamaica, a security incident in Jalisco affecting key leisure airports, and fuel-price driven uncertainty that could pressure airline capacity. Management maintained guidance while flagging traffic visibility risk and expects recovery toward year-end (pre-storm levels by Q4). Overall, the positive financial resilience and strategic actions outweigh the operational headwinds, but material near-term risks remain.Company Guidance
Revenue Growth
Total revenues increased 2.8% year-over-year in Q1 2026, driven by strength in both aeronautical and non-aeronautical streams.
Aeronautical Revenue Strength in Mexico
Aeronautical revenues for the group grew ~3.9% YoY, with Mexico up ~9.3% driven by implementation of the maximum tariff for the 2025-2029 regulatory period; current maximum tariff compliance is ~92-93% with a target near 95% by year-end.
EBITDA and Margin Expansion
EBITDA rose 6.4% to MXN 6.0 billion in the quarter, with an EBITDA margin of 68.3%, reflecting revenue growth and operational efficiency despite cost pressures.
Strong Liquidity and Balance Sheet Actions
Cash and cash equivalents were MXN 23.2 billion at quarter end, supported by a historic MXN 10.7 billion bond issuance (March 31); management also refinanced existing debt to optimize the balance sheet and financial flexibility.
Non-Aeronautical / Cargo Tailwinds
Bonded warehouse business represents ~21% of non-aeronautical revenues; Guadalajara/central Mexico saw >20% growth in high-value cargo (electronics) as part of a supply-chain shift, lifting non-aeronautical performance.
CapEx Program Progress
GAP deployed MXN 1.8 billion in CapEx in Q1 under the Master Development Plan, with continued investments to enhance capacity and passenger experience and expectation of heavier CapEx deployment later in the year.
Strategic M&A and Capital Allocation
Historic bond proceeds allocated to strategic acquisition of 25% of CBX; company targeting consolidation of CBX and internalization of TA services in Q2 (management targeting May), expected to strengthen cross-border passenger profile and commercial opportunities.
Shareholder Return Proposal
Board proposed a dividend of MXN 20.8 per outstanding share to be paid during the following 12 months, signaling confidence in cash generation and capital allocation.
PAC 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
PAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 20, 2026 | $250.43 | $258.23 | +3.11% |
Feb 24, 2026 | $279.18 | $264.50 | -5.26% |
Oct 21, 2025 | $219.24 | $209.75 | -4.33% |
Jul 22, 2025 | $224.04 | $215.32 | -3.89% |
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.
FAQ
When does Grupo Aeroportuario Del Pacifico (PAC) report earnings?
Grupo Aeroportuario Del Pacifico (PAC) is schdueled to report earning on Jul 27, 2026, TBA (Confirmed).
What is Grupo Aeroportuario Del Pacifico (PAC) earnings time?
Grupo Aeroportuario Del Pacifico (PAC) earnings time is at Jul 27, 2026, TBA (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 PAC EPS forecast?
PAC EPS forecast for the fiscal quarter 2026 (Q2) is 3.21.