CPA Earnings Prediction
The chart below shows how CPA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CPA sees a -2.52% change in stock price 10 days leading up to the earnings, and a +0.30% change 10 days following the report. On the earnings day itself, the stock moves by +0.29%. This data can give you a slight idea of what to expect for the next quarter's release.
CPA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
854.71M
-1.50%
4.31%
Gross Margin
50.70%
-2.12%
-1.15%
Operating Margin
20.32%
-14.01%
4.37%
Net Margin
17.08%
-20.89%
16.35%
EPS
3.50
-25.85%
21.53%
No Data Available
CPA Earnings Analysis
Copa Holdings, S.A. Corporation (CPA.N) Earnings Conference Call
Positive
Strong Operating Margin: Copa Holdings reported a strong operating margin of 20.3% for the third quarter, driven by disciplined execution of its business strategy.
Capacity Expansion Commitment: Capacity increased by 9.5% year-over-year, reflecting the company's commitment to growth and expansion.
Passenger Traffic Increase: Passenger traffic grew by 7.6% compared to the same period in 2023, indicating strong demand for air travel.
Unit Cost Reduction: Unit cost excluding fuel decreased by 1.6% compared to Q3 2023, primarily driven by lower sales and distribution costs.
Dividend Payment Announcement: The company announced a third dividend payment of $1.61 per share, demonstrating its commitment to returning value to shareholders.
Negative
Quarterly Operating Profit Decline: Operating profit for the quarter was reported at $146 million, or $3.50 per share, indicating a decrease compared to previous periods.
Unit Revenue Decline: Unit revenues came in at 11 cents, reflecting a 10.1% decline compared to Q3 2023, primarily driven by lower fuel prices.
Passenger Yield Decline: Passenger yield decreased by 8.7% year-over-year to 12.2 cents, attributed to the last-minute suspension of flights between Panama and Venezuela.
Load Factor Decline: Load factor came in at 86.2%, a 1.6 percentage point decrease year-over-year, indicating reduced efficiency in capacity utilization.
Cost Efficiency Challenges: Unit cost excluding fuel decreased to 8.7 cents, or 6.2% lower year-over-year, suggesting challenges in maintaining cost efficiency.
CPA FAQs
How does CPA typically perform around its earnings report dates?
Is Copa Holdings, S.A. (CPA) Q3 2024 Earnings Call Summary positive or negative?
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CPA Earning Call Sentiment
Copa Holdings, S.A. (CPA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CPA.N
-3.34%Positive
The earnings call summary indicates mixed results: strong net profit and operating profit, but decreased passenger yields and unit revenues due to external factors like weaker currencies and flight suspensions. The Q&A section revealed uncertainties, particularly regarding aircraft delivery delays and Venezuela operations, affecting growth potential. Despite a solid financial position and dividend payments, the lack of guidance and potential risks from market competition temper positive sentiment. Given the market cap and these factors, the stock price reaction is likely to remain within the neutral range of -2% to 2%.
