Copa (CPA) Scheduled to Post Earnings on Wednesday

Share on StockTwits

Copa (NYSE:CPA) is scheduled to post its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect Copa to post earnings of $1.03 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Copa (NYSE:CPA) last released its quarterly earnings data on Wednesday, May 8th. The transportation company reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.47. Copa had a return on equity of 11.81% and a net margin of 1.56%. The firm had revenue of $672.17 million for the quarter, compared to the consensus estimate of $670.26 million. During the same quarter in the prior year, the company posted $3.22 earnings per share. The firm’s revenue was down 6.0% on a year-over-year basis. On average, analysts expect Copa to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

NYSE:CPA opened at $98.30 on Tuesday. The stock has a 50 day moving average price of $99.82. Copa has a 52 week low of $67.38 and a 52 week high of $105.00. The firm has a market capitalization of $4.19 billion, a P/E ratio of 15.08, a P/E/G ratio of 0.79 and a beta of 1.28. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 0.70.

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. increased their price objective on Copa from $105.00 to $130.00 and gave the stock an “overweight” rating in a report on Wednesday, July 3rd. ValuEngine downgraded Copa from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Barclays assumed coverage on Copa in a report on Monday, July 29th. They issued an “overweight” rating and a $122.00 price objective on the stock. Cowen restated a “market perform” rating and issued a $93.00 price objective (up previously from $85.00) on shares of Copa in a report on Friday, May 10th. Finally, Bank of America upgraded Copa from a “neutral” rating to a “buy” rating in a report on Monday, May 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. Copa has a consensus rating of “Hold” and a consensus target price of $102.27.

About Copa

Copa Holdings, SA, through its subsidiaries, provides airline passenger and cargo services. The company offers flights to 81 destinations in 33 countries in North, Central, and South America, as well as the Caribbean. As of April 24, 2019, it operated a fleet of 105 aircraft comprising 6 Boeing 737 MAX9s, 82 Boeing 737NGs, and 17 Embraer-190s aircraft.

See Also: Why Dividend Stocks May Be Right for You

Earnings History for Copa (NYSE:CPA)

Receive News & Ratings for Copa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Copa and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Frontier Communications   Shares Down 7.3%
Frontier Communications Shares Down 7.3%
Seagate Technology   Shares Down 6.7%
Seagate Technology Shares Down 6.7%
Bruker Co.  Shares Bought by D. E. Shaw & Co. Inc.
Bruker Co. Shares Bought by D. E. Shaw & Co. Inc.
D. E. Shaw & Co. Inc. Lowers Stake in Aramark
D. E. Shaw & Co. Inc. Lowers Stake in Aramark
Synopsys, Inc.  Holdings Trimmed by D. E. Shaw & Co. Inc.
Synopsys, Inc. Holdings Trimmed by D. E. Shaw & Co. Inc.
Cadence Design Systems Inc  Stock Holdings Lifted by D. E. Shaw & Co. Inc.
Cadence Design Systems Inc Stock Holdings Lifted by D. E. Shaw & Co. Inc.


© 2006-2019 Ticker Report