Copa Holdings Q3 Earnings Beat Estimates, Revenues Miss

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 ...