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 ...

Copa Holdings, S.A. (CPA) reported traffic numbers for October 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 October.To match the demand swell, CPA is increasing its capacity. In October, available seat miles (a measure of capacity) increased 6.6% year over year. Revenue passenger miles increased 6.5% year over year. Although traffic improved on a year-over-year basis, it failed to outpace ...

Copa Holdings (CPA) is scheduled to report third-quarter 2024 results on Nov. 20 after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.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 7.3%.The Zacks Consensus Estimate for CPA’s soon-to-be-reported quarter’s earnings has been revised upward by 1.5% in the past 60 days to $3.48 per share. Meanwhile, the Zacks C ...

PANAMA CITY, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for October 2024: Operating DataOctober 2024October 2023% ChangeCopa Holdings (Consolidated)   ASM (mm) (1)2,557.42,398.46.6%RPM (mm) (2)2,235.52,099.86.5%Load Factor (3)87.4 %87.6 %-0.1p.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 re ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Copa Holdings (CPA) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 20, 2024, might help the stock move higher if these key numbers are better than ...

Copa Holdings (CPA) closed the latest trading day at $97.89, indicating a +0.09% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.74% for the day.Heading into today, shares of the holding company for Panama's national airline had gained 4.1% over the past month, lagging the Transportation sector's gain of 4.71% and outpacing the S&P 500's gain of 3.16% in that time.Analysts and investors alike will be keeping a close eye on the performance of Copa Hol ...

Copa Holdings (CPA) closed the last trading session at $97.80, gaining 4.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $148.64 indicates a 52% upside potential.The mean estimate comprises 11 short-term price targets with a standard deviation of $14.50. While the lowest estimate of $130 indicates a 32.9% increase from the current price level, the most optimistic analyst expects ...