Copa Holdings (CPA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks
13 Feb

For the quarter ended December 2024, Copa Holdings (CPA) reported revenue of $877.05 million, down 4.4% over the same period last year. EPS came in at $3.99, compared to $4.47 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $880.05 million, representing a surprise of -0.34%. The company delivered an EPS surprise of +3.91%, with the consensus EPS estimate being $3.84.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Copa Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Load Factor: 86.3% versus the five-analyst average estimate of 86.1%.
  • PRASM (Passenger revenue per ASM): 10.8 cents versus the four-analyst average estimate of 10.8 cents.
  • Yield: 12.5 cents versus the four-analyst average estimate of 12.56 cents.
  • Avg. Price Per Fuel Gallon: $2.38 compared to the $2.43 average estimate based on four analysts.
  • ASMs (Available seat miles): 7.75 billion versus 7.81 billion estimated by four analysts on average.
  • CASM Excl. Fuel: 5.9 cents compared to the 5.96 cents average estimate based on four analysts.
  • CASM: 8.7 cents compared to the 8.82 cents average estimate based on four analysts.
  • RPMs (Revenue passengers miles): 6.68 billion compared to the 6.71 billion average estimate based on four analysts.
  • RASM: 11.3 cents versus the four-analyst average estimate of 11.28 cents.
  • Fuel Gallons Consumed: 91.2 Mgal versus the three-analyst average estimate of 92.33 Mgal.
  • Total Number of Aircraft: 112 versus 112 estimated by two analysts on average.
  • Operating Revenues- Passenger revenue: $833.19 million compared to the $844.35 million average estimate based on five analysts. The reported number represents a change of -5.3% year over year.
View all Key Company Metrics for Copa Holdings here>>>

Shares of Copa Holdings have returned -2.5% over the past month versus the Zacks S&P 500 composite's +4.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Copa Holdings, S.A. (CPA) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10