Core Insights - Copa Holdings reported revenue of $877.05 million for the quarter ended December 2024, a decrease of 4.4% year-over-year, and EPS of $3.99, down from $4.47 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $880.05 million, resulting in a revenue surprise of -0.34%, while the EPS exceeded the consensus estimate of $3.84 by 3.91% [1] Financial Performance Metrics - Load Factor was reported at 86.3%, slightly above the average estimate of 86.1% from five analysts [4] - PRASM (Passenger revenue per ASM) was 10.8 cents, matching the four-analyst average estimate [4] - Yield was reported at 12.5 cents, slightly below the four-analyst average estimate of 12.56 cents [4] - Average Price Per Fuel Gallon was $2.38, lower than the $2.43 average estimate from four analysts [4] - ASMs (Available seat miles) totaled 7.75 billion, below the average estimate of 7.81 billion [4] - CASM Excluding Fuel was reported at 5.9 cents, slightly better than the average estimate of 5.96 cents [4] - CASM was 8.7 cents, also better than the average estimate of 8.82 cents [4] - RPMs (Revenue passenger miles) were 6.68 billion, below the average estimate of 6.71 billion [4] - RASM was reported at 11.3 cents, slightly above the average estimate of 11.28 cents [4] - Fuel Gallons Consumed were 91.2 million, lower than the average estimate of 92.33 million [4] - The total number of aircraft remained at 112, consistent with the average estimate [4] - Operating Revenues from Passenger revenue were $833.19 million, below the average estimate of $844.35 million, representing a year-over-year decline of 5.3% [4] Stock Performance - Shares of Copa Holdings have returned -2.5% over the past month, contrasting with the Zacks S&P 500 composite's increase of +4.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Copa Holdings (CPA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates