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, ...

Copa Holdings, S.A.’s (CPA) third-quarter 2024 earnings per share of $3.50 surpassed the Zacks Consensus Estimate of $3.48 but declined 20.3% year over year. Revenues of $854.7 million lagged the Zacks Consensus Estimate of $860 million and fell by 1.5% year over year due to upbeat passenger revenues.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Passenger revenues (which contributed 95.8% to the top line) decreased 1.8% from the third quarter of 2023. The downside was mainly led by ...

Panama City, Panama --- November 20, 2024. Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the third quarter of 2024 (3Q24). The terms "Copa Holdings" and the "Company" refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables sect ...

Copa Holdings, S.A. (NYSE:CPA) Q3 2024 Earnings Conference Call November 21, 2024 11:00 AM ET Company Participants Daniel Tapia - Director-Investor Relations Pedro Heilbron - Chief Executive Officer Jose Montero - Chief Financial Officer Conference Call Participants Savi Syth - Raymond James Michael Linenberg - Deutsche Bank Duane Pfennigwerth - Evercore ISI Stephen Trent - Citi Jens Spiess - Morgan Stanley Alberto Valerio - UBS Rogerio Araujo - Bank of America Daniel McKenzie - Seaport Global Operator Ladi ...

Copa Holdings, S.A. (CPA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CPA's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typic ...

Financial Performance - Copa Holdings reported revenue of $854.71 million for the quarter ended September 2024, a year-over-year decline of 1.5% [1] - The EPS for the same period was $3.50, down from $4.39 a year ago, with an EPS surprise of +0.57% compared to the consensus estimate of $3.48 [1][3] - Operating revenues from passenger revenue were $818.38 million, representing a year-over-year change of -1.8% [3] Key Metrics - Load factor was 86.2%, slightly below the average estimate of 86.8% [3] - Passenger revenue per ASM was 10.5 cents, compared to the average estimate of 10.66 cents [3] - Available seat miles totaled 7.79 billion, exceeding the average estimate of 7.75 billion [3] - Revenue passenger miles were 6.71 billion, slightly below the average estimate of 6.74 billion [3] - RASM was reported at 11 cents, compared to the average estimate of 11.1 cents [3] - Yield was 12.2 cents, slightly below the estimated 12.23 cents [3] - CASM excluding fuel was 5.7 cents, compared to the average estimate of 5.73 cents [3] - CASM was reported at 8.7 cents, below the average estimate of 8.76 cents [3] - Average price per fuel gallon was $2.60, slightly above the average estimate of $2.58 [3] - Fuel gallons consumed were 91.3 million, exceeding the average estimate of 91.15 million [3] - The total number of aircraft was 110, below the average estimate of 112 [3] Stock Performance - Shares of Copa Holdings have returned +8.2% over the past month, outperforming the Zacks S&P 500 composite's +1% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4]

Copa Holdings (CPA) came out with quarterly earnings of $3.50 per share, beating the Zacks Consensus Estimate of $3.48 per share. This compares to earnings of $4.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.57%. A quarter ago, it was expected that this holding company for Panama's national airline would post earnings of $2.77 per share when it actually produced earnings of $2.88, delivering a surprise of 3.97%.Over the ...

PANAMA CITY, Panama, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the third quarter of 2024 (3Q24). The terms “Copa Holdings” and the “Company” refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial ...

Copa Holdings, S.A. (CPA) performed well in the past year and has the potential to sustain the momentum in the future. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s take a look at the factors that make the stock a strong investment pick at the moment.An Outperformer: A glimpse at the company’s price trend reveals that its shares have gained 15.1% in the past three months.Image Source: Zacks Investment ResearchSolid Zacks Rank: CPA presently carries a Zacks Ran ...

The upcoming report from Copa Holdings (CPA) is expected to reveal quarterly earnings of $3.48 per share, indicating a decline of 20.7% compared to the year-ago period. Analysts forecast revenues of $860.34 million, representing a decrease of 0.9% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnings disclosure, i ...