CPA
CopaFDocument history
Earnings documents stored for CPA.
Investor releaseQuarter not tagged2026-07-30Canadian Pacific Kansas City Q2 Earnings Call Highlights
MarketBeat
Canadian Pacific Kansas City Q2 Earnings Call Highlights
Interested in Canadian Pacific Kansas City Limited? Here are five stocks we like better. Strong Q2 performance: Canadian Pacific Kansas City reported 4% volume growth, 13% revenue growth and core adjusted EPS of $1.27, up 13% year over year. Grain and automotive led results, while coal remained a significant weakness. Growth outlook remains positive: Management expects mid-single-digit volume growth in 2026, continued second-half acceleration and $1.4 billion–$1.5 billion in merger synergies by year-end. CPKC said its network has sufficient capacity to support expansion without materially increasing capital spending. Cash returns and industry concerns: Adjusted free cash flow rose 25% to $1.3 billion through the first half, while the company returned $2.4 billion to shareholders through buybacks and dividends. CEO Keith Creel criticized proposed further railroad consolidation, warning it could reduce shipper choices. Capri's Turnaround Is Taking Shape, But Is the Stock a Buy Yet? Canadian Pacific Kansas City (NYSE:CP) reported second-quarter 2026 results marked by higher freight volumes, revenue growth and double-digit adjusted earnings growth, supported by grain, automotive and cross-border traffic gains across its Canada-U.S.-Mexico network. President and Chief Executive Officer Keith Creel said the railroad recorded 4% volume growth, 13% revenue growth, a 61.6% core adjusted operating ratio and core adjusted diluted earnings per share of $1.27, up 13% from a year earlier. He said the company established quarterly volume records in grain, energy, chemicals, plastics and automotive. → This Tiny AI Supplier Could Be More Important Than the Chipmakers Copa Holdings May Be the Airline Stock Built to Break Out “With each passing quarter, that vision is becoming a reality,” Creel said of the combination of Canadian Pacific and Kansas City Southern, which created the only single-line rail network serving Canada, the U.S. and Mexico. Executive Vice President and Chief Financial Officer Nadeem Velani said reported operating ratio was 64.6%, while the core adjusted operating ratio increased 90 basis points year over year to 61.6%. Reported diluted EPS was $1.15, and core adjusted diluted EPS was $1.27. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? 5 High-Yield Stocks With Analyst Support and Room to Run Velani cited higher stock-bas...
Investor releaseQuarter not tagged2026-07-29Copa Holdings (CPA) Expected to Beat Earnings Estimates: Should You Buy?
Zacks
Copa Holdings (CPA) Expected to Beat Earnings Estimates: Should You Buy?
Copa Holdings (CPA) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This holding company for Panama's national airline is expected to post quarterly earnings of $1.88 per share in its upcoming report, which represents a year-over-year change of -47.9%. Revenues are expected to be $1.07 billion, up 26.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 14.44% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive...
Investor releaseQuarter not tagged2026-07-08Copa Holdings Announces Second Quarter Financial Results Release Schedule
GlobeNewswire
Copa Holdings Announces Second Quarter Financial Results Release Schedule
PANAMA CITY, July 08, 2026 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA) announces the following events: We encourage our listeners to join the conference via webcast. To ensure a smooth experience, please access the website and complete registration/software installation prior to the scheduled start time. If you are unable to listen to or access this presentation at the scheduled time, a webcast replay option will be available at the above website shortly after the conference. Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central, and South America and the Caribbean. For more information, visit ir.copaair.com. CPA-G Investor Relations [email protected]
Investor releaseQuarter not tagged2026-06-12Copa Holdings (CPA) Up 2.6% Since Last Earnings Report: Can It Continue?
Zacks
Copa Holdings (CPA) Up 2.6% Since Last Earnings Report: Can It Continue?
A month has gone by since the last earnings report for Copa Holdings (CPA). Shares have added about 2.6% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Copa Holdings due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Copa Holdings, S.A. before we dive into how investors and analysts have reacted as of late. Copa Holdings reported impressive first-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and improved year over year. Quarterly earnings of $5.16 outpaced the Zacks Consensus Estimate of $4.43 and improved 20.5% year over year. Revenues of $1.05 billion beat the Zacks Consensus Estimate of $1.03 billion and inched up 17% year over year, due to a 15.3% increase in onboard passengers. Passenger revenues (which contributed 95.4% to the top line) grew 16.9% year over year to $1.00 billion. The upside was owing to a 15% increase in revenue passenger miles and 1.6% higher yields, reflecting strong regional demand. Cargo and mail revenues of $29.76 million grew 15.8% year over year, owing to higher cargo volumes. Other operating revenues of $18.49 million improved 27.8% year over year, owing to an increase in ConnectMiles revenues from non-air partners. Quarterly results reflect a solid and persistent demand environment across the region, constant discipline in lowering unit costs, a passenger???friendly product and its relentless focus on operational excellence. CPA’s Other Financial Details On a consolidated basis, Copa Holdings’ traffic (measured in revenue passenger miles) grew 15%, and capacity (measured in available seat miles) increased 14% from the year-ago quarter. Since traffic growth outpaced capacity expansion, the load factor (percentage of seats filled by passengers) increased 0.8 percentage points to 87.2% in the reported quarter. Passenger revenue per available seat mile rose 2.6% year over year to 11.3 cents. Revenue per available seat mile (RASM) rose 2.7% year over year to 11.8 cents. Cost per available seat mile excluding fuel (CASM ex-fuel) fell 1% year over year to 5.8 cents, reflecting CPA’s continued cost discipline, while CASM rose 1.6% year over year to 8.9 cents in the f...
Investor releaseQuarter not tagged2026-05-15Copa Holdings SA (CPA) Q1 2026 Earnings Call Highlights: Record Profits Amid Rising Fuel Costs
GuruFocus.com
Copa Holdings SA (CPA) Q1 2026 Earnings Call Highlights: Record Profits Amid Rising Fuel Costs
This article first appeared on GuruFocus. Net Profit: $212 million, representing a 20.5% year-over-year increase in earnings per share. Net Margin: 20.2%, 0.5 percentage points higher year-over-year. Operating Profit: $258 million, with an operating margin of 24.6%. Capacity Growth: Increased by 14% year-over-year. Passenger Traffic: Increased by 15% year-over-year. Load Factor: Increased by 0.8 percentage points to 87.2%. Passenger Yield: Increased by 1.6% year-over-year. RASM: $11.08, 2.7% higher compared to Q1 2025. CASM: Increased by 1.6% to $8.09, driven by higher fuel prices. CASM Excluding Fuel: Declined by 1% to $5.08. Jet Fuel Prices: Increased by 7.5% year-over-year to $2.73 per gallon. Cash and Investments: Approximately $1.5 billion, representing 40% of last 12-month revenues. Total Debt: $2.4 billion, with an adjusted net debt-to-EBITDA ratio of 0.7 times. Dividend: $1.71 per share to be paid on June 15th. Share Repurchase: $45 million worth of shares, approximately 1% of total outstanding shares. Warning! GuruFocus has detected 11 Warning Signs with BN. Is CPA fairly valued? Test your thesis with our free DCF calculator. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Copa Holdings SA (NYSE:CPA) reported a record net profit of $212 million, representing a 20.5% year-over-year increase in earnings per share. The company achieved an industry-leading operating margin of 24.6%, which is 0.8 percentage points higher than the previous year. Capacity increased by 14% year-over-year, while passenger traffic increased by 15%, resulting in a load factor increase to 87.2%. Copa Holdings SA (NYSE:CPA) maintained a strong balance sheet with approximately $1.5 billion in cash and investments, representing 40% of last 12-month revenues. The company announced a new Boeing 737 MAX order for 40 firm aircraft and 20 options, reinforcing its long-term growth strategy. Unit cost for CASM increased by 1.6% to $8.09, driven by higher fuel prices. The company faced a $20 million year-over-year impact on first-quarter performance due to higher jet fuel prices. Copa Holdings SA (NYSE:CPA) expects a projected year-over-year increase in jet fuel prices by 80% to 90% for the second quarter. The company is operating in a high and volatile jet fuel price environment, which poses a risk to future...
Investor releaseQuarter not tagged2026-05-15Copa Q1 Earnings Call Highlights
MarketBeat
Copa Q1 Earnings Call Highlights
Interested in Copa Holdings, S.A.? Here are five stocks we like better. Copa posted strong Q1 results, with record net profit of $212 million and EPS up 20.5% year over year. Operating margin improved to 24.6% as demand, yields and cost discipline remained solid. Fuel costs are the main near-term headwind, with all-in jet fuel up 7.5% in Q1 and expected to rise 80% to 90% year over year in Q2. Copa guided Q2 operating margin to 8% to 12%, saying it expects to recover only about half of the higher fuel costs through revenue initially. Management remains optimistic on demand and growth, citing broad strength across all regions, stronger Latin American currencies and continued network expansion, including resumed service to several Venezuelan cities. Copa also reiterated full-year capacity growth of 11% to 13% and continued shareholder returns via dividends and buybacks. Top 5 Highest-Rated Dividend Stocks, According to MarketBeat Copa (NYSE:CPA) reported stronger first-quarter profit and margins as the Panama-based airline cited robust demand across its network, higher passenger yields and continued cost discipline, while warning that sharply higher jet fuel prices will weigh on second-quarter results. Executive Chairman and CEO Pedro Heilbron said the company delivered “another quarter of strong financial and operational results,” supported by regional demand and operational execution. He credited Copa’s more than 9,000 employees for helping the airline maintain reliability and cost discipline in what he described as a “higher and volatile jet fuel price environment.” → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? 5 Highly Rated Dividends With 50% Upside According to Analysts For the first quarter, capacity increased 14% year over year, while passenger traffic rose 15%. Load factor improved 0.8 percentage points to 87.2%. Passenger yield increased 1.6%, and revenue per available seat mile, or RASM, rose 2.7% to 11.8 cents. Unit costs, measured as cost per available seat mile, or CASM, increased 1.6% to 8.9 cents, driven by higher fuel prices. Excluding fuel, CASM declined 1% to 5.8 cents. → MP Materials Is Quietly Building a Rare Earth Powerhouse Airline Stocks Off the Beaten Path: 3 Key Picks for Investors CFO Peter Donkersloot said Copa reported record net profit of $212 million, or $5.16 per share, representing a 20.5% year-over-y...
Investor releaseQuarter not tagged2026-05-15Earnings Beat: Copa Holdings, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Simply Wall St.
Earnings Beat: Copa Holdings, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
It's been a pretty great week for Copa Holdings, S.A. (NYSE:CPA) shareholders, with its shares surging 10% to US$136 in the week since its latest quarterly results. Revenues were US$1.1b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$5.16, an impressive 30% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Taking into account the latest results, the current consensus from Copa Holdings' 14 analysts is for revenues of US$4.26b in 2026. This would reflect a solid 13% increase on its revenue over the past 12 months. Statutory earnings per share are expected to reduce 3.3% to US$16.72 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$4.19b and earnings per share (EPS) of US$13.70 in 2026. Although the revenue estimates have not really changed, we can see there's been a very substantial lift in earnings per share expectations, suggesting that the analysts have become more bullish after the latest result. View our latest analysis for Copa Holdings The consensus price target was unchanged at US$162, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Copa Holdings at US$185 per share, while the most bearish prices it at US$126. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation. Another way we can view these estimates is in the context of the bigger picture, such as how the fo...
Investor releaseQuarter not tagged2026-05-15Copa Holdings' Q1 Earnings & Revenues Top Estimates, Improve Year/Year
Zacks
Copa Holdings' Q1 Earnings & Revenues Top Estimates, Improve Year/Year
Copa Holdings, S.A. (CPA) reported impressive first-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and improved year over year. Quarterly earnings of $5.16 outpaced the Zacks Consensus Estimate of $4.43 and improved 20.5% year over year. Revenues of $1.05 billion beat the Zacks Consensus Estimate of $1.03 billion and inched up 17% year over year, due to a 15.3% increase in onboard passengers. Copa Holdings, S.A. price-consensus-eps-surprise-chart | Copa Holdings, S.A. Quote Passenger revenues (which contributed 95.4% to the top line) grew 16.9% year over year to $1.00 billion. The upside was owing to a 15% increase in revenue passenger miles and 1.6% higher yields. Cargo and mail revenues of $29.76 million grew 15.8% year over year, owing to higher cargo volumes. Other operating revenues of $18.49 million improved 27.8% year over year, owing to an increase in ConnectMiles revenues from non-air partners. Quarterly results reflect a solid and persistent demand environment across the region, constant discipline in lowering unit costs, a passenger-friendly product and its relentless focus on operational excellence. On a consolidated basis, Copa Holdings’ traffic (measured in revenue passenger miles) grew 15%, and capacity (measured in available seat miles) increased 14% from the year-ago quarter. Since traffic growth outpaced capacity expansion, the load factor (percentage of seats filled by passengers) increased 0.8 percentage points to 87.2% in the reported quarter. Passenger revenue per available seat mile rose 2.6% year over year to 11.3 cents. Revenue per available seat mile (RASM) rose 2.7% year over year to 11.8 cents. Cost per available seat mile excluding fuel (CASM ex-fuel) fell 1% year over year to 5.8 cents, reflecting CPA’s continued cost discipline, while CASM rose 1.6% year over year to 8.9 cents in the first quarter owing to higher fuel prices. The average fuel price per gallon increased 7.5% year over year to $2.73. While the average fuel price increase for the reported quarter was moderate, higher prices in the second half of March led to a nearly $20 million year-over-year net impact on the company’s first-quarter results. Operating expenses increased 15.8% year over year to $793.8 million in the first quarter, owing to capacity growth, higher maintenance-related costs and an increase in the ave...
Investor releaseQuarter not tagged2026-05-15Copa (CPA) Q1 2026 Earnings Call Transcript
Motley Fool
Copa (CPA) Q1 2026 Earnings Call Transcript
Image source: The Motley Fool. Thursday, May 14, 2026 at 11 a.m. ET Chief Executive Officer — Pedro Heilbron Chief Financial Officer — Peter Donkersloot Ponce Pedro Heilbron: Thank you, Daniel. Good morning, and thank you all for joining us for our first quarter earnings call. Before we begin, I would like to recognize our more than 9 thousand coworkers' commitment and professionalism continue to be key drivers of Copa's strong operational performance and leadership in our industry. Especially in today's higher and volatile jet fuel price environment, their consistent focus on execution and cost discipline has allowed us to enter the current fuel environment from a position of strength. To them, as always, my sincere appreciation and respect We delivered another quarter of strong financial and operational results. Reaffirming the strength and resilience of our business model and our ability to consistently deliver industry leading profitability. Our first quarter results reflect a strong demand environment across the region continued discipline in cost execution and our relentless focus on delivering operational excellence for our passengers. Now I will go over our first quarter highlights. Capacity increased 14% year over year, while passenger traffic increased 15%, resulting in a 0.8 percentage point increase in load factor to 87.2%. Passenger yield increased 1.6% year over year RASM came in at 11.8¢, 2.7% higher compared to Q1 2025. Unit cost per CASM increased 1.6% to 8.9¢ driven by higher fuel prices. CASM, excluding fuel, declined 1% to 5.8¢ reflecting our continued cost discipline. And we delivered an industry leading operating margin of 24.6%, 0.8 percentage points higher than Q1 of last year. On the operational side, we delivered an on time performance for the quarter of 91.6%, and a flight completion factor of 99.7% once again, positioning Copa among the very best in the industry. Turning to our network. We have resumed service to Valencia and Barquesimeto and have scheduled a restart of Barcelona in June. Together with our existing service to Maracaibo and Caracas, this returns us to serving 5 cities in Venezuela, from our hub of The Americas in Panama. With these additions, we will operate to 87 destinations in 32 countries. Further strengthening our position at the most complete and convenient connecting hub for travel, in The Americas. With reg...
Investor releaseQuarter not tagged2026-05-14Compared to Estimates, Copa Holdings (CPA) Q1 Earnings: A Look at Key Metrics
Zacks
Compared to Estimates, Copa Holdings (CPA) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2026, Copa Holdings (CPA) reported revenue of $1.05 billion, up 17% over the same period last year. EPS came in at $5.16, compared to $4.28 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.03 billion, representing a surprise of +1.8%. The company delivered an EPS surprise of +16.57%, with the consensus EPS estimate being $4.43. 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. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. 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: 87.2% versus the five-analyst average estimate of 86.9%. PRASM (Passenger revenue per ASM): 11.3 cents versus 11.08 cents estimated by four analysts on average. Yield: 12.9 cents compared to the 12.77 cents average estimate based on four analysts. Avg. Price Per Fuel Gallon: $2.73 compared to the $2.77 average estimate based on four analysts. ASMs (Available seat miles): 8.89 billion versus 8.89 billion estimated by four analysts on average. CASM Excl. Fuel: 5.8 cents versus the four-analyst average estimate of 5.78 cents. CASM: 8.9 cents versus 8.98 cents estimated by four analysts on average. RPMs (Revenue passengers miles): 7.76 billion compared to the 7.71 billion average estimate based on four analysts. RASM: 11.8 cents versus the four-analyst average estimate of 11.6 cents. Fuel Gallons Consumed: 102.70 Mgal versus the three-analyst average estimate of 102.34 Mgal. Total Number of Aircraft: 127 versus 129 estimated by two analysts on average. Operating Revenues- Passenger revenue: $1 billion versus $987.37 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +16.9% change. View all Key Company Metrics for Copa Holdings here>>> Shares of Copa Holdings have returned -4.1% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform...
Investor releaseQuarter not tagged2026-05-14Copa Q1 Earnings, Operating Revenue Rise
MT Newswires
Copa Q1 Earnings, Operating Revenue Rise
Copa (CPA) reported Q1 earnings late Wednesday of $5.16 per share, up from $4.28 a year earlier.
Investor releaseQuarter not tagged2026-05-14Copa Holdings (CPA) Tops Q1 Earnings and Revenue Estimates
Zacks
Copa Holdings (CPA) Tops Q1 Earnings and Revenue Estimates
Copa Holdings (CPA) came out with quarterly earnings of $5.16 per share, beating the Zacks Consensus Estimate of $4.43 per share. This compares to earnings of $4.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.57%. A quarter ago, it was expected that this holding company for Panama's national airline would post earnings of $4.44 per share when it actually produced earnings of $4.18, delivering a surprise of -5.86%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Copa Holdings, which belongs to the Zacks Transportation - Airline industry, posted revenues of $1.05 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.80%. This compares to year-ago revenues of $899.18 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Copa Holdings shares have lost about 3.9% since the beginning of the year versus the S&P 500's gain of 8.1%. While Copa Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Copa Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the com...

