Copa Holdings (CPA) reported $854.71 million in income for the quarter ended September 2024, representing a year-over-year decline of 1.5%. EPS of $3.50 for a similar interval compares to $4.39 a 12 months in the past.
The reported income represents a shock of -0.65% over the Zacks Consensus Estimate of $860.34 million. With the consensus EPS estimate being $3.48, the EPS shock was +0.57%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s value efficiency extra precisely.
Right here is how Copa Holdings carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Load issue: 86.2% versus the four-analyst common estimate of 86.8%.
- Passenger income per ASM: 10.5 cents in comparison with the ten.66 cents common estimate based mostly on three analysts.
- Accessible seat miles: 7.79 billion in comparison with the 7.75 billion common estimate based mostly on three analysts.
- Income Passengers miles: 6.71 billion versus the three-analyst common estimate of 6.74 billion.
- RASM: 11 cents in comparison with the 11.1 cents common estimate based mostly on three analysts.
- Yield: 12.2 cents versus 12.23 cents estimated by three analysts on common.
- CASM excluding gasoline: 5.7 cents in comparison with the 5.73 cents common estimate based mostly on three analysts.
- CASM: 8.7 cents versus the three-analyst common estimate of 8.76 cents.
- Avg. Value per Gasoline Gallon: $2.60 versus the three-analyst common estimate of $2.58.
- Gasoline Gallons Consumed: 91.3 Mgal versus the two-analyst common estimate of 91.15 Mgal.
- Whole Variety of Plane: 110 in comparison with the 112 common estimate based mostly on two analysts.
- Working Revenues- Passenger income: $818.38 million versus the five-analyst common estimate of $837.97 million. The reported quantity represents a year-over-year change of -1.8%.
View all Key Company Metrics for Copa Holdings here>>>
Shares of Copa Holdings have returned +8.2% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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Copa Holdings, S.A. (CPA) : Free Stock Analysis Report
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