The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 7. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. Please no ...

Let's discuss the factors that are likely to have boosted the sector participants' second-quarter performance. Quite a few transportation stocks are likely to report earnings shortly. It is always a daunting task for investors to pick a winning basket of stocks with the potential to deliver better-than-expected earnings. Expeditors currently has an Earnings ESP of +2.22% and a Zacks Rank of 2. EXPD is slated to report secondquarter 2024 results on Aug 6. ZIM beat the Zacks Consensus Estimate in only one of ...

Copa Holdings has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average beat is 20.2%. Upbeat air travel demand is likely to have boosted CPA's top line. Passenger revenues, which account for the bulk of the top line, are likely to have increased in the to-be-reported quarter. Our estimate for passenger revenues is pegged at $840 million, up 8.5% compared with the second-quarter 2023 actuals. Meanwhile, estimates for revenue ...

Prior to today's trading, shares of the holding company for Panama's national airline had lost 3.44% over the past month. This has lagged the Transportation sector's loss of 0.1% and the S&P 500's loss of 1.16% in that time. Investors might also notice recent changes to analyst estimates for Copa Holdings. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's busines ...

Prospects of the Zacks Transportation - Airline industry are dented by high labor costs. Moreover, production delays at Boeing (BA) are hurting the fleet-related plans of airlines in the United States. Weak pricing power also remains an overhang. However, upbeat passenger volumes are a tailwind for the industry. As a result, we believe that investors interested in the industry would do well to keep stocks like Copa Holdings (CPA) , SkyWest (SKYW) and JetBlue Airways (JBLU) on their radar. About the Industry ...

VANCOUVER, BC, July 18, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the "Company") is pleased to announce that it has engaged Brittany Davison, CPA, CA as Business Advisor. Ms. Davison is a Chartered Professional Accountant and owner of Davison CPA Consulting Inc., of Halifax, NS. She previously served as Chief Accounting Officer and Acting Chief Financial Officer at IMV Inc., where she led a US$9M Public Offering in December 2022 and assisted in raising more than U ...

Copa Holdings, S.A. (CPA) reported solid traffic numbers for June 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 June on a year-over-year basis. To match the demand swell, CPA is increasing its capacity. In June, available seat miles (a measure of capacity) increased 12.3% year over year. Revenue passenger miles rose 12.1%. Although traffic improved on a yearover-year basis, it failed to outpace capacity ...

Another valuation metric that we should highlight is CPA's P/B ratio of 1.73. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 3.47. Over the past 12 months, CPA's P/B has been as high as 3.04 and as low as 1.55, with a median of 1.86. Furthermore, SkyWest holds a P/B ratio of 1.56 and its industry's price-to-book ratio is 3.47. SKYW's P/B has ...

Core Insights - Copa Holdings, S.A. reported a 12.3% increase in available seat miles (ASMs) for June 2024 compared to June 2023, reaching 2,521.9 million ASMs [3] - Revenue passenger miles (RPMs) also saw a 12.1% increase, totaling 2,185.1 million RPMs in June 2024 [3] - The load factor for June 2024 was 86.6%, which is a decrease of 0.2 percentage points from 86.8% in June 2023 [3] Capacity and Traffic - The increase in capacity (ASMs) indicates a growth strategy by Copa Holdings to expand its service offerings [3] - The rise in passenger traffic (RPMs) suggests a strong demand for air travel within the regions served by the company [3] Load Factor Analysis - The slight decline in load factor to 86.6% may indicate a need for the company to optimize its capacity management [3]

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Most Powerful Force Impacting Stock Prices Harnessing the Power of Earnings Estimate Revisions Earnings Estimate Revisions for Copa Holdings Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Z ...