Copa (CPA) to Release Earnings on Wednesday

Copa (NYSE:CPA) is scheduled to be releasing 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. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Copa (NYSE:CPA) last issued its quarterly earnings results on Wednesday, February 7th. The transportation company reported $4.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.90 by $0.57. Copa had a net margin of 14.97% and a return on equity of 37.05%. The business had revenue of $916.93 million for the quarter, compared to analyst estimates of $886.13 million. During the same quarter in the prior year, the business posted $4.49 EPS. Copa’s revenue for the quarter 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 Price Performance

NYSE CPA opened at $100.62 on Wednesday. The stock’s fifty day moving average price is $100.90 and its 200 day moving average price is $97.70. Copa has a 1 year low of $78.12 and a 1 year high of $121.20. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.99 and a quick ratio of 0.90. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 7.87, a PEG ratio of 0.36 and a beta of 1.40.

Analysts Set New Price Targets

Separately, StockNews.com cut 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.