Core Viewpoint Copa Holdings reported its financial results for the first quarter of 2025, showing a slight increase in net profit and a decrease in operating margin, while maintaining a strong cash position and operational performance. Financial Performance - Net profit for 1Q25 was US$176.8 million, or US$4.28 per share, reflecting a US$0.7 million increase compared to 1Q24 [3][4] - Operating profit was US$213.8 million with an operating margin of 23.8%, down 1.0% and 0.4 percentage points respectively from 1Q24 [3][4] - Operating revenues totaled US$899.2 million, a 0.6% increase from 1Q24 [2][8] Operational Metrics - Revenue passengers carried increased by 7.4% year-over-year to 3,512,000 [2] - Revenue passenger miles (RPMs) rose by 10.1% to 6,743 million [2] - Load factor improved to 86.4%, up 0.4 percentage points from 1Q24 [2] Cost and Efficiency - Operating cost per available seat mile (CASM) decreased by 7.7% to 8.8 cents, while CASM excluding fuel fell by 4.3% to 5.8 cents [3][9] - Average price per fuel gallon dropped by 12.4% to US$2.54 [2] Cash and Debt Position - The company ended the quarter with approximately US$1.3 billion in cash and investments, representing 39% of the last twelve months' revenues [3] - Total debt, including lease liabilities, stood at US$1.9 billion, with an Adjusted Net Debt to EBITDA ratio of 0.5 times [3] Fleet and Future Plans - Copa Holdings has a consolidated fleet of 112 aircraft and has exercised options for six additional Boeing 737 MAX-8 aircraft, increasing its firm order book to 57 aircraft [3][4] - The company achieved an on-time performance of 90.8% and a flight completion factor of 99.9% [3]

Core Insights - Copa Holdings has demonstrated strong financial performance, with revenues exceeding $800 million in every quarter since Q3 2022 [1] - The company has averaged nearly $4 in earnings per share over this period, indicating consistent profitability [1] Financial Performance - Revenues have consistently surpassed $800 million quarterly, showcasing robust operational strength [1] - Earnings per share have averaged close to $4, reflecting solid earnings generation capabilities [1]

Company Performance - Copa Holdings closed at $91.45, reflecting a -0.66% change from the previous day, underperforming the S&P 500's gain of 0.58% [1] - Over the past month, shares of Copa Holdings have decreased by 0.43%, which is better than the Transportation sector's loss of 6.4% and the S&P 500's loss of 0.84% [1] Upcoming Earnings - The company is set to release its earnings report on May 7, 2025, with an expected EPS of $3.78, indicating a 9.79% decline year-over-year [2] - Revenue is projected to be $892.3 million, down 0.13% from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $15.60 per share and revenue of $3.64 billion for the year, representing increases of +7.14% and +5.63% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Copa Holdings reflect evolving short-term business trends, with positive revisions indicating analyst optimism regarding the company's profitability [3][4] Zacks Rank - Copa Holdings currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The Zacks Rank system has shown a strong track record, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5] Valuation Metrics - Copa Holdings has a Forward P/E ratio of 5.9, which is lower than the industry average of 8.79, suggesting it is trading at a discount [6] - The company has a PEG ratio of 0.81, compared to the industry average PEG ratio of 0.86 [7] Industry Context - The Transportation - Airline industry is ranked 183 in the Zacks Industry Rank, placing it in the bottom 27% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

• On February 12, 2025, the Board of Directors of Copa Holdings approved a 2025 quarterly dividend payment of US$1.61 per share, maintaining last year's dividend payment. Dividends will be distributed in March, June, September, and December. The first quarterly dividend will be paid on March 14, 2025, to shareholders on record as of February 28, 2025. • In January, Copa Airlines was recognized by Cirium for the tenth time as the most on-time airline in Latin America in 2024. Copa Airlines' on-time performan ...

Core Points - Copa Holdings, S.A. has filed its annual report Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission [1] - The report includes Copa's audited financial statements and is available on the company's investor relations website [1][2] - Shareholders can request a hard copy of the report free of charge [1][2] Company Overview - Copa Holdings is a leading provider of passenger and cargo services in Latin America [3] - The company operates through its subsidiaries, providing services to countries in North, Central, and South America, as well as the Caribbean [3]

Table of Contents As filed with the Securities and Exchange Commission on April 28, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ____________________ o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Copa Holdings (CPA) .Copa Holdings currently has an average brokerage reco ...

Core Insights - Copa Holdings, S.A. (CPA) reported an increase in traffic numbers for March 2025, driven by strong air-travel demand, with revenue passenger miles improving year-over-year [1] - To meet the rising demand, CPA increased its capacity, with available seat miles rising by 5.5% year-over-year, while revenue passenger miles increased by 5.2% [2] - Despite the increase in traffic, the load factor decreased to 86.3% from 86.5% in the previous year due to capacity expansion outpacing traffic growth [2] Copa Holdings Performance - CPA currently holds a Zacks Rank of 3 (Hold), with shares declining by 3% over the past three months, compared to a 25.1% decline in the Zacks Airline industry [3] Competitor Performance - LATAM Airlines reported a 7.2% year-over-year increase in consolidated capacity and a 5.6% increase in revenue passenger kilometers for March 2025, despite the impact of the Carnival holidays [7][8] - LATAM's load factor fell to 81.9% from 83.9% in March 2024, with 6.9 million passengers transported, reflecting a 3% year-over-year increase [8][9] - Ryanair Holdings reported a 10% year-over-year increase in passengers transported, totaling 15 million in March 2025, with a stable load factor of 93% [10][11] - Ryanair operated over 84,000 flights in March 2025, an increase from previous months, and achieved a milestone of flying 200.2 million passengers in its fiscal year ending March 2025 [11][12]

PANAMA CITY, April 14, 2025 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE:CPA) today released preliminary passenger traffic statistics for March 2025: Operating DataMarch 2025March 2024% ChangeCopa Holdings (Consolidated)   ASM (mm) (1)2,636.72,499.15.5%RPM (mm) (2)2,274.62,162.45.2%Load Factor (3)86.3%86.5%-0.3p.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 flown by revenue pa ...

Healthy dividends, higher-than-average yield, and insulation from tariff risk are attractive investment qualities that stocks on this list share. They are also among the highest-rated dividend stocks tracked by MarketBeat, a list of quality dividend stocks ranked by analysts' sentiment ratings. These stocks are all rated as a Moderate Buy or better in early Q2 2025 and have the potential for a 50% return at the analysts’ consensus target.  Get HASI alerts:Copa Holdings Flies Low, Well Below Analysts' Target ...