ASR

Stock Performance: Grupo Aeroportuario del Sureste (ASR) shares rose 10.6% in the last trading session, recovering from a previous 10.5% loss over four weeks, with a year-to-date gain of 11%. Barclays raised ASR's price target, indicating no short-term earnings risk despite tariff tensions.

Earnings Expectations: ASR is expected to report quarterly earnings of $5.52 per share, reflecting an 11.1% decline year-over-year, while revenues are projected to increase by 5.6%. The consensus EPS estimate has been revised 1.1% higher recently, suggesting potential for further stock price appreciation.

Stock Performance Overview: ASR's stock has a 52-week low of $250.35 and a high of $357.90, with the last trade recorded at $287.18.

Author's Opinion Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

Shareholders' Meeting Announcement: Grupo Aeroportuario del Sureste (ASUR) will hold its General Annual Ordinary Shareholders' Meeting on April 23, 2025, to discuss various reports and proposals including financial statements, dividends, and board appointments.

Meeting Participation Requirements: Shareholders must be registered by April 18, 2025, and provide proof of share ownership to attend the meeting, with options for personal attendance or representation through authorized proxies.

Passenger Traffic Trends: In February 2024, passenger traffic for Grupo Aeroportuario del Sureste decreased by 2.6% year-on-year, with notable increases in Puerto Rico (8.6%) and Colombia (3.3%), while Mexico experienced a decline of 7.5%.

Traffic Breakdown: The performance in Puerto Rico was boosted by a 19.2% rise in international traffic, while Colombia saw an 11.3% increase; in contrast, Mexico's international and domestic traffic fell by 10.6% and 2.9%, respectively.

Passenger Traffic Variations: Mexico experienced an 8.0% decrease in passenger traffic, while Puerto Rico and Colombia saw increases of 9.6% and 14.1%, respectively, driven by growth in both international and domestic travel.

Stock Market Insights: ASUR's stock price targets have been lowered by Jefferies and Barclays, despite a reported 1.7% year-over-year increase in passenger traffic for January 2025, primarily attributed to gains in Colombia and Puerto Rico.

Q4 Financial Performance: Grupo Aeroportuario reported a Q4 EPADS of $5.4757 and a revenue increase of 31.1% year-over-year, totaling Ps. 9.02 billion.

Passenger Traffic Update: ASUR noted a slight decline in November passenger traffic, down 1.2% year-over-year, amidst ongoing developments in tourism potential across Mexico, Colombia, and the Caribbean.

Passenger Traffic Overview: Total passenger traffic for Grupo Aeroportuario del Sureste declined by 0.3% year-over-year, with significant increases in Puerto Rico (9.6%) and Colombia (14.1%), while Mexico experienced an 8.0% decrease.

Financial Performance Highlights: Revenues rose by 31.2% to Ps.9,020.6 million, with a consolidated EBITDA increase of 22.5% to Ps.5,111.3 million, reflecting strong commercial revenue growth per passenger.

Passenger Traffic Overview: In January 2025, total passenger traffic reached 6.4 million, a 1.7% increase from January 2024, with significant growth in Colombia (12.3%) and Puerto Rico (9.3%), while Mexico experienced a decline of 4.1%.

Traffic Breakdown: Colombia's growth was fueled by a 24.2% rise in international traffic, and Puerto Rico saw a 20.5% increase; conversely, Mexico's international traffic dropped by 6.5%.

Passenger Traffic Trends: In December 2024, passenger traffic increased by 16.2% in Puerto Rico and 14.5% in Colombia, while it decreased by 5.7% in Mexico, leading to an overall increase of 2.3% compared to December 2023.

Traffic Breakdown: Puerto Rico saw significant growth in both international (29.3%) and domestic (14.7%) traffic, whereas Mexico experienced declines in both international (5.6%) and domestic (6.0%) traffic during the same period.

Passenger Traffic Trends: In November 2024, passenger traffic increased by 8.7% in Puerto Rico and 7.7% in Colombia, while Mexico experienced a decline of 7.1%, leading to an overall decrease of 1.2% in total passenger traffic compared to November 2023.

Traffic Breakdown: The growth in Puerto Rico was driven by a significant rise in international traffic (32.1%), whereas Colombia saw increases in both domestic (5.3%) and international traffic (17.1%). Conversely, Mexico reported declines in both domestic (7.6%) and international traffic (6.8%).

Passenger Traffic Trends: In October 2024, passenger traffic increased by 20.8% in Colombia and 1.8% in Puerto Rico, while it decreased by 11.7% in Mexico, resulting in an overall decline of 2.4% compared to October 2023.

Traffic Breakdown: The growth in Colombia was attributed to significant increases in both international (16.2%) and domestic (22.1%) traffic, whereas Mexico experienced declines in both domestic (12.0%) and international (11.2%) traffic.

Financial Performance: Grupo Aeroportuario del Sureste reported an 18.1% increase in total revenue and a 12% rise in EBITDA year-over-year, despite a 2.1% decline in overall passenger traffic, particularly in Mexico where it fell by 10.1%.

Operational Highlights: While passenger traffic decreased in Mexico, growth was observed in Puerto Rico (4.6%) and Colombia (15.5%), contributing to increased revenues per passenger and a strong cash position of Ps.18,483.6 million at the end of the quarter.

Passenger Traffic Trends: In September 2024, passenger traffic in Colombia increased by 14.7%, while Puerto Rico and Mexico experienced declines of 0.8% and 8.1%, respectively, leading to an overall decrease of 1.5% in total passenger traffic compared to September 2023.

Traffic Breakdown: The growth in Colombia was fueled by a 15.2% rise in international traffic and a 14.5% increase in domestic traffic, whereas Mexico saw significant drops in both domestic (4.9%) and international (12.4%) traffic.

Stock Performance Overview: Grupo Aeroportuario del Sureste SA de CV (ASR) shares have reached an oversold status with an RSI of 29.7, indicating potential buying opportunities after significant selling pressure.

Price Range Context: ASR's stock has fluctuated between a 52-week low of $165 and a high of $357.90, currently trading at $257.41.

Passenger Traffic Trends: In August 2024, passenger traffic increased by 16.3% in Colombia and 1.6% in Puerto Rico, while Mexico experienced a decline of 10.7%, contributing to an overall decrease of 2.8% compared to August 2023.

Traffic Breakdown: The growth in Colombia was driven by significant increases in both international (24.8%) and domestic (14.1%) traffic, whereas Mexico saw declines in both domestic (9.1%) and international (12.6%) traffic.

Passenger Traffic Trends: In July 2024, passenger traffic increased by 15.4% in Colombia and 10.5% in Puerto Rico, while Mexico experienced an 11.1% decline, resulting in a total decrease of 1.7% compared to July 2023.

Traffic Breakdown: The growth in Colombia was fueled by a significant rise in international traffic (26.9%), whereas Mexico saw declines in both domestic (9.4%) and international (12.7%) traffic.

Stock Performance Overview: ASR's stock has a 52-week low of $165 and a high of $357.90, with the last trade recorded at $279.28.

Market Analysis Note: The article mentions other stocks that have recently fallen below their 200-day moving average.

Passenger Traffic Growth: Grupo Aeroportuario del Sureste reported a 2.8% year-over-year increase in passenger traffic for the second quarter of 2024, highlighting the recovery and growth in airport operations across Mexico, the U.S., and Colombia.

Earnings Call Announcement: ASUR will hold an earnings call on July 24, 2024, to discuss its financial results for the second quarter, with details available for both live participation and replay access.

Major Earnings Reports: Key companies reporting earnings after the market close on Tuesday include Tesla, Alphabet, Visa, Texas Instruments, and Enphase Energy.

Additional Earnings Releases: A wide range of other companies are also set to release their earnings reports after Tuesday's close, including ADC, AGR, APAM, and many more.

Earnings Report Announcement: Grupo Aeroportuario del Sureste SAB de C B is set to release its quarterly earnings on July 23, with analysts predicting earnings per share of MXN 102.70, a significant increase from MXN 4.61 in the same quarter last year.

Projected Financial Growth: Analysts expect the company to report revenues of MXN 7.83 billion, marking a 2148.48% increase compared to the previous year's quarter, and forecast an annual earnings per share of MXN 410.93 against MXN 19.17 from the prior year.