Copa Holdings SACPA
▼ NegativeCapitalrelevance
Copa Holdings missed Q2 EPS ($1.67 vs $1.88) and revenue ($1.06B) estimates.
Impact on assets 1
Industrials
Copa Holdings SACopa Holdings Misses Q2 Earnings and Revenue Estimates
2▲0 ▼1Impact / 5
Copa Holdings reported quarterly earnings of $1.67 per share, missing the Zacks Consensus Estimate of $1.88 per share and marking an earnings surprise of negative 11.17%. Revenue came in at $1.06 billion, below the consensus estimate by 0.58%, though up from $842.6 million a year ago. The company has beaten consensus EPS estimates twice in the last four quarters but topped revenue estimates only once in that period. Shares have gained about 21.6% year-to-date, outperforming the S&P 500's 13% gain. Ahead of the report, estimate revisions were favorable, giving the stock a Zacks Rank #2, or Buy.
Copa Holdings SACopa Holdings missed Q2 EPS ($1.67 vs $1.88) and revenue ($1.06B) estimates.