Copa Holdings, S.A. (CPA) reported traffic numbers for October 2024 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (a measure of traffic) improved on a year-over-year basis in October.To match the demand swell, CPA is increasing its capacity. In October, available seat miles (a measure of capacity) increased 6.6% year over year. Revenue passenger miles increased 6.5% year over year. Although traffic improved on a year-over-year basis, it failed to outpace ...

Copa Holdings (CPA) is scheduled to report third-quarter 2024 results on Nov. 20 after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Copa Holdings has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average beat is 7.3%.The Zacks Consensus Estimate for CPA’s soon-to-be-reported quarter’s earnings has been revised upward by 1.5% in the past 60 days to $3.48 per share. Meanwhile, the Zacks C ...

PANAMA CITY, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for October 2024: Operating DataOctober 2024October 2023% ChangeCopa Holdings (Consolidated)   ASM (mm) (1)2,557.42,398.46.6%RPM (mm) (2)2,235.52,099.86.5%Load Factor (3)87.4 %87.6 %-0.1p.p. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.Revenue passenger miles - represents the number of miles flown by re ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Copa Holdings (CPA) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 20, 2024, might help the stock move higher if these key numbers are better than ...

Copa Holdings (CPA) closed the latest trading day at $97.89, indicating a +0.09% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.74% for the day.Heading into today, shares of the holding company for Panama's national airline had gained 4.1% over the past month, lagging the Transportation sector's gain of 4.71% and outpacing the S&P 500's gain of 3.16% in that time.Analysts and investors alike will be keeping a close eye on the performance of Copa Hol ...

Copa Holdings (CPA) closed the last trading session at $97.80, gaining 4.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $148.64 indicates a 52% upside potential.The mean estimate comprises 11 short-term price targets with a standard deviation of $14.50. While the lowest estimate of $130 indicates a 32.9% increase from the current price level, the most optimistic analyst expects ...

Copa Holdings (CPA) closed at $100.32 in the latest trading session, marking a -0.52% move from the prior day. This change lagged the S&P 500's 0.03% loss on the day. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq increased by 0.56%. The the stock of holding company for Panama's national airline has risen by 7.47% in the past month, leading the Transportation sector's loss of 2.35% and the S&P 500's gain of 1.39%. Analysts and investors alike will be keeping a close ...

Delta Air Lines (DAL) kicked off the third-quarter 2024 earnings season for the airline industry on Oct. 10, 2024. This Atlanta-based carrier reported lower-than-expected earnings per share but higher-than-anticipated revenues despite being affected by the global technology outage on July 19. Revenues of $15.68 billion increased 1.2% on a year-over-year basis, driven by strong air travel demand. The increased demand also aided the results of United Airlines (UAL) ). The company reported third-quarter 2024 n ...

Copa Holdings (CPA) closed the last trading session at $99.80, gaining 9.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $148.64 indicates a 48.9% upside potential.The average comprises 11 short-term price targets ranging from a low of $130 to a high of $175, with a standard deviation of $14.50. While the lowest estimate indicates an increase of 30.3% from the current price leve ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Copa Holdings (CPA) , which belongs to the Zacks Transportation - Airline industry, could be a great candidate to consider.This holding company for Panama's national airline has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 16 ...