BOSQUES DE LAS LOMAS, Mexico (AP) — BOSQUES DE LAS LOMAS, Mexico (AP) — Grupo Aeroportuario del Sureste SAB de CV (ASR) on Monday reported fourth-quarter earnings of $178.8 million.
The Bosques De Las Lomas, Mexico-based company said it had net income of $5.48 per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $5.54 per share.
The airport facilities manager posted revenue of $449.4 million in the period.
For the year, the company reported profit of $769.7 million, or $21.73 per share. Revenue was reported as $1.72 billion.
Grupo Aeroportuario del Sureste shares have risen 5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $270.40, a decrease of 10% in the last 12 months.
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