Core Viewpoint - Analysts expect Copa Holdings (CPA) to report quarterly earnings of $4.03 per share, reflecting a year-over-year increase of 15.1%, with revenues projected at $914.95 million, up 7% from the previous year [1]. Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the quarter has been adjusted upward by 0.1% over the past 30 days, indicating a reassessment by analysts [1]. - Analysts predict 'Operating Revenues- Passenger revenue' to reach $874.71 million, representing a 6.9% increase from the prior-year quarter [4]. - Revenue passenger miles (RPMs) are expected to reach 7.22 billion, compared to 6.71 billion reported in the same quarter last year [6]. Group 2: Operational Metrics - The 'Load Factor' is anticipated to be 87.1%, an increase from 86.2% in the same quarter of the previous year [4]. - Analysts estimate 'ASMs (Available seat miles)' will likely reach 8.28 billion, up from 7.79 billion in the same quarter last year [5]. - The 'Fuel Gallons Consumed' is projected to be 97 million gallons, compared to 91 million gallons in the previous year [7]. Group 3: Operating Expenses and Aircraft - The estimated 'Operating Expense- Fuel' is projected at $240.68 million [8]. - Analysts predict the 'Total Number of Aircraft' will reach 120, an increase from 110 reported in the same quarter last year [7]. - The performance of Copa Holdings shares has recorded a return of +0.4% over the past month, compared to the S&P 500 composite's +1.4% change [8].
Exploring Analyst Estimates for Copa Holdings (CPA) Q3 Earnings, Beyond Revenue and EPS