Copa Holdings(CPA)
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Copa Holdings: The Exception To The Rule
Seeking Alpha· 2025-01-27 01:10
In investing, there is always an exception to the rule. The rule in this case being: In the long-term, nobody makes money in the airline business. And the exception, Copa Holdings (NYSE: CPA ).Striving to compound knowledge. Long-time fan of Warren and Charlie. Always invert. "To finish first, you must first finish". Investing own and family funds for +20 years. Senior finance roles at public and private corporations for most of that time.Analyst’s Disclosure: I/we have a beneficial long position in the sha ...
Copa Holdings Announces Fourth Quarter and Full Year Financial Results Release Schedule
GlobeNewswire· 2025-01-14 21:15
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- ...
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Transportation Names
ZACKS· 2025-01-14 14:56
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]
Copa Holdings December 2024 Traffic Improves Year Over Year
ZACKS· 2025-01-14 13:31
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]
Copa Holdings Announces Monthly Traffic Statistics for December 2024
GlobeNewswire· 2025-01-13 21:48
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]
Why the Market Dipped But Copa Holdings (CPA) Gained Today
ZACKS· 2024-12-28 00:20
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 ...
Copa Holdings (CPA) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-12-21 00:16
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 ...
Why Is Copa Holdings (CPA) Down 4.5% Since Last Earnings Report?
ZACKS· 2024-12-20 17:31
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 November 2024 Traffic Improves Year Over Year
ZACKS· 2024-12-12 17:11
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 ...
Copa Holdings Announces Monthly Traffic Statistics for November 2024
GlobeNewswire News Room· 2024-12-11 21:15
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 ...