Copa Holdings Q2 2024 Adj EPS $2.88 Beats $2.83 Estimate, Sales $819.40M Miss $838.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Copa Holdings (NYSE:CPA) reported Q2 2024 adjusted EPS of $2.88, beating the estimate of $2.83. However, sales of $819.40M missed the estimate of $838.13M. Sales increased by 1.26% year-over-year.
August 07, 2024 | 9:09 pm
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Copa Holdings reported Q2 2024 EPS of $2.88, beating estimates, but sales of $819.40M missed expectations. Sales increased 1.26% YoY.
While the EPS beat is positive, the sales miss and modest YoY sales growth may neutralize the impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100