Copa Holdings Q4 Adj EPS $4.47 Beats $3.87 Estimate, Sales $916.93M Beat $886.13M Estimate
Portfolio Pulse from saritha@benzinga.com
Copa Holdings (NYSE:CPA) reported Q4 adjusted EPS of $4.47, surpassing the $3.87 estimate, and sales of $916.93M, exceeding the $886.13M estimate. This represents a slight decrease in EPS and an increase in sales compared to the same period last year.
February 07, 2024 | 11:06 pm
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Copa Holdings reported a Q4 adjusted EPS of $4.47, beating estimates, and sales of $916.93M, also above expectations. Despite a slight EPS decrease from last year, sales grew.
Beating both EPS and sales estimates typically has a positive impact on a company's stock price in the short term. The slight decrease in EPS year-over-year is overshadowed by the overall positive earnings report, suggesting a likely upward movement in CPA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100