As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by ...

WHITEHALL, Ohio, May 22, 2024 (GLOBE NEWSWIRE) -- Heartland BancCorp ("Heartland" and "the Company") (OTCQX: HLAN), parent company of Heartland Bank ("Bank"), today announced that at the company's annual meeting, Diana L. Turoff was duly elected as director of the company, effective May 21, 2024. She was also elected to the Board of Directors of Heartland Bank in March of 2024. "Diana brings a wealth of knowledge and experience to our board, knows Ohio's communities well and adds CDFI management experience ...

Angel Di Bilio Copa Holdings, S.A. (NYSE:CPA) reported Q1 earnings on the 15th of May. We have covered Copa Holdings in the past with varying results when comparing the price development to the S&P 500 (SP500). However, while airline stocks are volatile and capitalizing on positive prospects is difficult, Copa Holdings stock has performed rather well, as we discuss in this report. I will be analyzing the most recent results and update my price target on the stock. Copa Holdings Stock Outperforms Since my la ...

Copa Holdings Reports Financial Results for the First Quarter of 2024 Panama City, Panama --- May 15, 2024. Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2024 (1Q24). 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 ...

Thank you, Marlin, and welcome, everyone, to our first quarter earnings call. Joining us today are Pedro Heilbron, CEO of Copa Holdings; and José Montero, our CFO. First, Pedro will start by going over our first quarter highlights, followed by José, who will discuss our financial results. Immediately after, we will open the call for questions from analysts. Company Participants Savi Syth - Raymond James Duane Pfennigwerth - Evercore Rogerio Araujo - Bank of America Helane Becker - TD Cowen Alberto Valerio - ...

Copa Holdings, S.A. (CPA) first-quarter 2024 earnings per share of $4.19 surpassed the Zacks Consensus Estimate of $3.27 and improved 5% year over year. Revenues of $893.5 million beat the Zacks Consensus Estimate of $846.2 million and rose 3% year over year on the back of upbeat passenger revenues. Passenger revenues (which contributed 96.1% to the top line) increased 3% from first-quarter 2023, owing to capacity increase. Cargo and mail revenues fell 5.8% to $21.91 million due to lower cargo yields. Other ...

PANAMA CITY, Panama, May 15, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2024 (1Q24). 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 tabl ...

Copa Holdings, S.A. (CPA) reported solid traffic numbers for April 2024 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) rose in double digits in April on a year-over-year basis. To match the demand swell, CPA is increasing its capacity. In April, available seat miles (a measure of capacity) increased 9.6% year over year. Revenue passenger miles increased 11.2%. With traffic growth outpacing capacity expansion, the load factor (percent ...

PANAMA CITY, May 14, 2024 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for April 2024: | Operating Data | April | April | % Change | | --- | --- | --- | --- | | | 2024 | 2023 | | | Copa Holdings (Consolidated) | | | | | ASM (mm) (1) | 2,421.1 | 2,208.79.6 | % | | RPM (mm) (2) | 2,095.5 | 1,884.411.2 | % | | Load Factor (3) | 86.6 | %85.3 % | 1.2 p.p. | For April 2024, Copa Holdings' capacity (ASMs) increased by 9.6%, while system-wide passenger traf ...

The average comprises nine short-term price targets ranging from a low of $138 to a high of $180, with a standard deviation of $15.13. While the lowest estimate indicates an increase of 30.2% from the current price level, the most optimistic estimate points to a 69.8% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. They usually do that to drum up in ...