PANAMA CITY, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) announces the following events: Earnings Release – Fourth Quarter 2024Date:February 12, 2025Time:After US market closeThis release will be available on our website: https://copa.gcs-web.com/financial-information/quarterly-results Earnings Conference Call and Webcast Date:February 13, 2025Time:11:00 AM US ET (11:00 AM Local Time)Join by phone: https://register.vevent.com/register/BI3d3cbd8e7b2244fdad7627b4aa596d8aWebcast (listen- ...

Earnings and Stock Performance - Earnings and interest rates are two key factors determining stock prices in the long run, with earnings being a controllable focus for investors [2] - A company's performance relative to earnings expectations is crucial for stock prices, especially in the near-term, making earnings surprises a potential opportunity [2] - Stocks with a positive earnings ESP and Zacks Rank 3 (Hold) or stronger have a 70% chance of posting a positive bottom-line surprise and have historically delivered ~28% annual returns on average [6] Zacks Earnings ESP - The Zacks Earnings ESP (Expected Surprise Prediction) identifies stocks likely to outperform earnings expectations by comparing the Most Accurate Estimate to the Zacks Consensus Estimate [4][5] - A positive ESP indicates a higher likelihood of beating analyst expectations, as seen with Southwest Airlines (+5 35%) and Copa Holdings (+1 95%) [8][11] Stock Analysis - Southwest Airlines (LUV) has a Zacks Rank 2 (Buy), a Most Accurate Estimate of $0 45/share, and is 16 days away from its next earnings report on January 30, 2025 [7] - Copa Holdings (CPA) holds a Zacks Rank 3 (Hold), a Most Accurate Estimate of $3 95/share, and is 22 days away from its earnings release on February 5, 2025 [10] - Both LUV and CPA are part of a large group of Transportation stocks with positive ESP figures, suggesting a good chance of beating earnings expectations [7][11] Zacks Rank Performance - Zacks Rank 3 (Hold) stocks, representing 60% of all covered stocks, are expected to perform in-line with the broader market [9] - Zacks Rank 2 (Buy) and 1 (Strong Buy) stocks, representing the top 15% and top 5% of stocks, respectively, are expected to outperform the market, with Strong Buy stocks outperforming the most [9]

Airline Industry Performance - Copa Holdings reported improved revenue passenger miles in December 2024, driven by high passenger volumes and increased capacity [1][8] - Ryanair Holdings transported 13 6 million passengers in December 2024, an 8% year-over-year increase, and operated 77,380 flights, up from 73,750 in November [2][9] - Ryanair expects traffic to grow 8% year-over-year for fiscal 2025, assuming no worsening of Boeing delivery delays [9] Company-Specific Metrics - Copa Holdings' available seat miles increased 6 5% year-over-year in December, while revenue passenger miles rose 6 8%, leading to a load factor of 85 3%, up from 85 1% in December 2023 [8] - Ryanair's load factor improved to 92% in December 2024 from 91% in the year-ago period, reflecting consistent passenger demand [9] Stock Performance and Rankings - Copa Holdings shares lost 9 6% over the past three months, underperforming the Zacks Airline industry's 3 8% growth [3] - American Airlines (AAL) has a Zacks Rank 1 (Strong Buy), an expected earnings growth rate of 16%, and shares rose 16 4% in the past year [5][6] - United Airlines (UAL) has a Zacks Rank 2 (Buy), an expected earnings growth rate of 1 3%, and shares surged 122 9% in the past year [6][7] Earnings Performance - American Airlines surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with an average earnings beat of 124 4% [6] - United Airlines surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average earnings beat of 26 9% [7]

Operating Performance - Copa Holdings' available seat miles (ASM) increased by 6.5% to 2,665.5 million in December 2024 compared to 2,501.7 million in December 2023 [1] - Revenue passenger miles (RPM) increased by 6.8% to 2,273.1 million in December 2024 from 2,128.6 million in December 2023 [1] - Load factor improved by 0.2 percentage points to 85.3% in December 2024 compared to 85.1% in December 2023 [1][2] Company Overview - Copa Holdings is a leading Latin American provider of passenger and cargo services [3] - The company operates in North, Central, and South America as well as the Caribbean through its subsidiaries [3]

The most recent trading session ended with Copa Holdings (CPA) standing at $87.64, reflecting a +0.13% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 1.11%. At the same time, the Dow lost 0.77%, and the tech-heavy Nasdaq lost 1.49%.The holding company for Panama's national airline's shares have seen a decrease of 6.23% over the last month, surpassing the Transportation sector's loss of 6.43% and falling behind the S&P 500's gain of 0.4%.Market participants wil ...

In the latest market close, Copa Holdings (CPA) reached $88.87, with a +0.3% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 1.09%. Elsewhere, the Dow saw an upswing of 1.18%, while the tech-heavy Nasdaq appreciated by 1.03%.Coming into today, shares of the holding company for Panama's national airline had lost 4.48% in the past month. In that same time, the Transportation sector lost 5.95%, while the S&P 500 lost 0.71%.The investment community will be c ...

A month has gone by since the last earnings report for Copa Holdings (CPA) . Shares have lost about 4.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Copa Holdings due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Copa Holdings Beats on Q3 EarningsCopa Holdings ...

Copa Holdings, S.A. (CPA) reported traffic numbers for November 2024 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) improved on a year-over-year basis in November.To match the demand swell, CPA is increasing its capacity. In November, available seat miles (a measure of capacity) increased 8.4% year over year. Revenue passenger miles increased 6.8% year over year. Although traffic improved on a year-over-year basis, it failed to outpa ...

PANAMA CITY, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2024: Operating DataNovember 2024November 2023% ChangeCopa Holdings (Consolidated)   ASM (mm) (1)2,524.1 2,327.4 8.4%RPM (mm) (2)2,173.5 2,034.5 6.8%Load Factor (3)86.1 %87.4 %-1.3p.p. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.Revenue passenger miles - represents the number of miles flow ...

Airlines do not make for the most stable investments. The reward can be high, but that's mostly the take when you ride the waves rather than holding the stock through upward and downward movements of the stock price. Copa Holdings S.A. (Dhierin runs the investing group The Aerospace Forum , whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, ...