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Grupo Aeroportuario Del Pacifico (PAC)
NYSE:PAC
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
2.08Last Year’s EPS
2.26Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 11.12%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in commercial revenue growth and a solid financial position, despite challenges with passenger traffic and increased operational expenses. While there are significant achievements, the issues with engine inspections and revenue declines present notable challenges.Company Guidance
During the Q3 2024 earnings call for Grupo Aeroportuario del Pacifico (GAP), key metrics and guidance were discussed by executives. The company announced a total CapEx commitment of MXN 43.2 billion over five years, with 40% allocated to terminal buildings and a forecasted 54% increase in terminal space. The gradual implementation of a new tariff will span 15 months, reaching full implementation by January 2026. Despite a 5.7% decline in passenger traffic due to Pratt & Whitney engine inspections, non-aeronautical revenues surged by 39%, driven by strategic expansions and acquisitions, including a cargo facility contributing MXN 354 million. The company's EBITDA margin remained solid at 67%, with a net debt-to-EBITDA ratio of 1.8x. Growth projections for the following year anticipate a 5% increase in traffic, with full recovery from the engine recall expected by December 2026.Master Development Plan Approval
Approval of the 2025-2029 Master Development Plan for 12 Mexican airports, including a CapEx commitment of MXN 43.2 billion, with 40% invested in terminal buildings.
Commercial Revenue Growth
An exceptional 39% increase in non-aeronautical revenues driven by strategic expansion and business acquisitions.
Strong Financial Position
Maintained a healthy balance sheet with cash and cash equivalents totaling MXN 15.8 billion and a net debt-to-EBITDA ratio of 1.8x.
Cargo Business Performance
Cargo and freight flight facility consolidation contributed MXN 354 million to non-aeronautical revenue with EBITDA margins expected to reach 50-55%.
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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
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PAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 21, 2024 | $171.27 | $171.15 | -0.07% |
| Jul 22, 2024 | $156.10 | $160.35 | +2.72% |
| Apr 23, 2024 | $153.92 | $171.22 | +11.24% |
| Feb 26, 2024 | $145.31 | $143.77 | -1.06% |
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 Pacifico (PAC) report earnings?
Grupo Aeroportuario Del Pacifico (PAC) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Grupo Aeroportuario Del Pacifico (PAC) earnings time?
Grupo Aeroportuario Del Pacifico (PAC) earnings time is at Feb 20, 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 PAC EPS forecast?
PAC EPS forecast for the fiscal quarter 2024 (Q4) is 2.08.
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