The headline numbers for Copa Holdings (CPA) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.
Improved air-travel demand and fleet modernization efforts bode well for CPA.
Besides Wall Street's top -and-bottom-line estimates for Copa Holdings (CPA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
CPA reports a load factor of 87.4% in October 2024.
CPA's third-quarter performance is expected to have been significantly hurt by elevated operating expenses.
Copa Holdings (CPA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Copa Holdings (CPA) concluded the recent trading session at $97.89, signifying a +0.09% move from its prior day's close.
The consensus price target hints at a 52% upside potential for Copa Holdings (CPA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Copa Holdings (CPA) concluded the recent trading session at $100.32, signifying a -0.52% move from its prior day's close.