Strong Passenger growth for Grupo Aeroportuario del Pacifico; Raising FVE to $99
Wide moat-rated Grupo Aeroportuario del Pacifico, or GAP, reported robust third-quarter results as the sum of aeronautical and non-aeronautical revenue increased 24.4%. The revenue growth helped increase operating margins 260 basis points from the prior-year period to 55.5%, noting this figure excludes the one-time fair value adjustment gain from acquiring Desarrollo de Concesiones Aeroportuarias, S.L. in the third quarter of last year. Higher passenger numbers at the Guadalajara and Tijuana air...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.