PAC Earnings Prediction
The chart below shows how PAC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PAC sees a +0.81% change in stock price 10 days leading up to the earnings, and a +1.66% change 10 days following the report. On the earnings day itself, the stock moves by -0.57%. This data can give you a slight idea of what to expect for the next quarter's release.
PAC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
435.10M
0.37%
3.27%
Gross Margin
--
--
--
Operating Margin
45.19%
-8.47%
-6.56%
Net Margin
24.08%
-25.17%
-22.40%
EPS
0.20
-25.93%
-20.00%
No Data Available
PAC Earnings Analysis
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares) Corporation (PAC.N) Earnings Conference Call
Positive
CapEx Commitment Overview: A total CapEx commitment for the five years of MXN 43.2 billion, measured in pesos as of December 2022.
Terminal Building Investment Expansion: Almost 40% will be invested in terminal buildings, leading to an additional 54% in square meters, meaning more capacity and space throughout our 12 airports.
Non-Aeronautical Revenue Surge: During this third quarter, we experienced an exceptional 39% increase in non-aeronautical revenues driven mainly by the strategic expansion across our airport network and business acquisitions.
Revenue Increase and Diversification: Our overall revenue increased by 6%, again reflecting the strength of our business in terms of revenue, service diversification.
Strong EBITDA Margin: Our EBITDA margin, excluding IFRIC-12 effect, remains at solid 67%, which reflects the importance of our strategic investments in infrastructure and services.
Negative
Passenger Traffic Decline: 5.7% decline in passenger traffic during this quarter driven by ongoing inspections of Pratt & Whitney engines, expected to continue through 2025.
Aero Revenue Decline: Aero revenue declined by 3.8%, attributed to lower passenger traffic and reaching only around 94% of the maximum tariff.
Rising Operational Expenses: Operational expenses increased by 21%, largely due to consolidation of cargo and fiscal facility service costs, employee-related expenses, and inflationary pressures.
EBITDA Margin Stability: EBITDA margin, excluding IFRIC-12 effect, remained at solid 67%, reflecting a slight decline compared to last year, indicating pressure on profitability.
Passenger Revenue Challenges: Non-aeronautical revenues per passenger reached MXN 120 during the first nine months, demonstrating challenges in overall traffic numbers.
PAC FAQs
How does PAC typically perform around its earnings report dates?
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PAC Earning Call Sentiment
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
PAC.N
-2.76%Positive
The earnings call presents a mixed outlook. While there is a positive growth in non-aeronautical revenue and infrastructure investments, the decline in passenger traffic and aeronautical revenue, coupled with increased operational expenses, present concerns. The lack of a share buyback program and unclear responses in the Q&A add uncertainty. Despite some optimism in future growth and strategic expansions, the overall sentiment remains neutral due to these offsetting factors.
