Copa (CPA) Scheduled to Post Earnings on Wednesday

Copa (NYSE:CPA) will release its earnings data after the market closes on Wednesday, May 15th. Analysts expect Copa to post earnings of $3.06 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Copa (NYSE:CPA) last posted its quarterly earnings results on Wednesday, February 7th. The transportation company reported $4.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.90 by $0.57. Copa had a return on equity of 37.05% and a net margin of 14.97%. The firm had revenue of $916.93 million during the quarter, compared to the consensus estimate of $886.13 million. During the same period last year, the company earned $4.49 earnings per share. The business’s revenue was up 3.0% compared to the same quarter last year. On average, analysts expect Copa to post $16 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Copa Trading Down 1.6 %

Shares of Copa stock opened at $100.62 on Wednesday. The stock has a market cap of $3.97 billion, a P/E ratio of 7.87, a P/E/G ratio of 0.36 and a beta of 1.40. The company has a quick ratio of 0.90, a current ratio of 0.99 and a debt-to-equity ratio of 0.58. Copa has a 12-month low of $78.12 and a 12-month high of $121.20. The business’s 50 day moving average is $100.90 and its 200-day moving average is $97.70.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Copa from a “buy” rating to a “hold” rating in a research note on Monday, February 12th.

Copa Company Profile

Copa Holdings, SA, through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 327 daily scheduled flights to 78 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2022, it operated a fleet of 97 aircraft comprising 67 Boeing 737-800 Next Generation aircraft, 9 Boeing 737-700 Next Generation aircraft, 1 Boeing 737-800 Boeing Converted Freighter, and 20 737-MAX aircraft.