Published on 11 Nov 2022 on Zacks via Yahoo Finance

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC) Hit a 52 Week High, Can the Run Continue?

Have you been paying attention to shares of Grupo Aeroportuario del Pacifico (PAC)? Shares have been on the move with the stock up 17.3% over the past month. The stock hit a new 52-week high of $168.65 in the previous session. Grupo Aeroportuario del Pacifico has gained 21.5% since the start of the year compared to the -15.5% move for the Zacks Transportation sector and the -22.6% return for the Zacks Transportation - Services industry.

What's Driving the Outperformance?

The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 21, 2022, Grupo Aeroportuario del Pacifico reported EPS of $2.6 versus consensus estimate of $2.17.