Shares of Copa Holdings (CPA) have gained 4.6% over the past four weeks to close the last trading session at $99.87, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $156.67 indicates a potential upside of 56.9%.The average comprises nine short-term price targets ranging from a low of $138 to a high of $190, with a standard deviation of $17.35. While the lowest estimate indicates ...

Copa Holdings’ (CPA) fourth-quarter 2023 earnings per share of $4.47 (excluding 8 cents from non-recurring items) surpassed the Zacks Consensus Estimate of $3.90 but declined 0.45% year over year. Revenues of $916.9 million beat the Zacks Consensus Estimate of $893.6 million and rose 2.96% year over year on the back of upbeat passenger revenues.Passenger revenues (which contributed 95.9% to the top line) increased 3.2% from fourth-quarter 2022, owing to capacity increase. Cargo and mail revenues fell 2.1% t ...

财务数据和关键指标变化 - 2023年全年载客量增长15.7%,运力增长13.4%,载运率提高1.8个百分点至86.8% [14] - 2023年全年单位收益(RASM)增长3%至0.125美元,主要由于载运率上升1.8个百分点和客票收益上升1.6% [14] - 2023年全年不含燃油的单位成本(CASM-Ex)下降0.3%至0.06美元 [15] - 2023年全年营业利润率为23.5%,较2022年提高8.3个百分点 [15] - 2023年第四季度载客量增长11.1%,运力增长11%,载运率上升0.1个百分点至86.7% [12] - 2023年第四季度单位收益下降7.3%至0.127美元,主要受燃油价格下降影响 [36] - 2023年第四季度单位成本下降6.3%至0.097美元,不含燃油的单位成本下降1.6%至0.06美元 [36][37] - 2023年第四季度营业利润率为23.9% [13] 各条业务线数据和关键指标变化 - 公司主营业务为提供航空客运服务,无其他业务线数据披露 [无] 各个市场数据和关键指标变化 - 公司主要市场为拉丁美洲地区,2023年新增4个目的地,包括美国奥斯汀和巴尔的摩,厄瓜多尔曼塔和委内瑞拉巴尔基西梅托 [16] - 公司认为拉美地区需求环境依然健康,预计2024年将继续实现强劲的财务业绩 [26] - 公司表示,虽然厄瓜多尔和其他一些国家存在一些动荡,但对公司影响有限,因为公司主要市场为VFR(探亲访友)和商务客户,而非休闲客户 [100][101] 公司战略和发展方向及行业竞争 - 公司继续加强和巩固其作为拉丁美洲最完整和最便捷的枢纽中心的地位 [16] - 公司通过自有销售渠道和低成本NBC旅行社渠道,已将直接销售占比提高至75%以上,大幅降低了分销成本 [17][18] - 公司认为自身的商业模式和巴拿马枢纽仍然非常稳固和相关,是该地区最佳的航空公司 [28] - 公司表示,即使在货币疲软的情况下,也能通过从美国拉动更多游客和访客来平衡影响 [79] - 公司认为,即使未来3-5年内机场基础设施可能成为限制其增长的因素,但可通过多种方式来提高机场容量 [119][120][121] - 公司表示,即使面临区域内其他航空公司的较快扩张,但已包含在公司2024年的指引中 [62][63] 管理层对经营环境和未来前景的评论 - 公司表示,2023年需求环境健康,预计2024年将继续实现强劲的财务业绩 [26] - 公司认为,自身的商业模式和巴拿马枢纽仍然非常稳固和相关,是该地区最佳的航空公司 [28] - 公司表示,即使在货币疲软的情况下,也能通过从美国拉动更多游客和访客来平衡影响 [79] - 公司认为,即使未来3-5年内机场基础设施可能成为限制其增长的因素,但可通过多种方式来提高机场容量 [119][120][121] 问答环节重要的提问和回答 问题1 **Savi Syth提问** 询问公司头等舱和经济舱的收益趋势与2019年相比的情况 [54] **公司回答** 总体来看,公司的RASM保持健康,但商务客户的需求仍低于2019年水平,被休闲和探亲访友客户需求的增长所补充。头等舱收益表现优于2022年健康水平 [55][56] 问题2 **Rogerio Araujo提问** 询问公司目前较高的利润率是否具有可持续性,以及行业整体盈利水平是否也有所提升 [64] **公司回答** 公司一直保持精益运营,通过降低分销成本等措施提高竞争力,加上行业整体通过破产重组也更加高效,因此行业整体盈利能力有所提升,公司2024年的高利润率指引也反映了这一趋势 [65] 问题3 **Michael Linenberg提问** 询问737 MAX 9停飞对第一季度的具体财务影响 [84] **公司回答** 公司没有披露具体数字,但表示已将此影响纳入2024年全年指引,并表示将会得到来自制造商的公平补偿 [85][90][91]

For the quarter ended December 2023, Copa Holdings (CPA) reported revenue of $916.93 million, up 3% over the same period last year. EPS came in at $4.47, compared to $4.49 in the year-ago quarter.The reported revenue represents a surprise of +2.62% over the Zacks Consensus Estimate of $893.57 million. With the consensus EPS estimate being $3.90, the EPS surprise was +14.62%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Copa Holdings第四季度业绩 - Copa Holdings (CPA)第四季度每股收益为4.47美元，超过了Zacks Consensus预期的3.90美元[1] - 公司在过去四个季度中四次超过了市场预期的每股收益[2] - Copa Holdings第四季度营收达到9.1693亿美元，超过了Zacks Consensus预期[3] - 公司股价的短期走势将取决于管理层在财报电话会议中的评论[4]

Excluding special items, adjusted net income came in at $188.4 million, or Adjusted EPS of $4.47 PANAMA CITY, Panama, Feb. 7, 2024 /PRNewswire/ --  Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the fourth quarter of 2023 (4Q23) and the full year of 2023. The terms "Copa Holdings" and the "Company" refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See ...

EARNINGS RELEASE FOURTH QUARTER 2023 Copa Holdings Reports Net Income of $191.8 million and EPS of $4.55 for the Excluding special items, adjusted net income came in at $188.4 million, or Adjusted EPS of $4.47 OPERATING AND FINANCIAL HIGHLIGHTS EARNINGS RELEASE FOURTH QUARTER 2023 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------|----------|----------|---------------------|----------|---------------------|----------|----------|-------------- ...

Zacks Premium - Zacks Premium提供多种方式帮助投资者更聪明、更自信地投资[1] Zacks Style Scores - Zacks Style Scores是一套独特的指导原则，根据价值、增长和动量特征对股票进行评级[3] VGM Score - VGM Score是所有Style Scores的组合，是与Zacks Rank一起使用的重要指标[8] Zacks Rank - Zacks Rank是一种专有的股票评级模型，利用盈利预期修订来帮助投资者建立成功的投资组合[9] 股票选择策略 - 选择具有Zacks Rank 1或2且具有A或B评分的股票，以确保最大的上涨潜力[12] - 股票的盈利预期修订方向应始终是选择股票的关键因素[13] - 拥有1或2 Rank和A或B评分的股票越多，越好[14] Copa Holdings (CPA) - Copa Holdings (CPA)是一家总部位于巴拿马城的公司，提供航空客运和货运服务[15] - CPA在Zacks Rank上是3（持有），VGM Score为A[15] - CPA还拥有A级的价值风格评分，值得价值投资者关注[16] - 过去60天内有两位分析师上调了对2023财年的盈利预期，Zacks Consensus Estimate上调至每股16.19美元[17]

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...

In its upcoming report, Copa Holdings (CPA) is predicted by Wall Street analysts to post quarterly earnings of $3.90 per share, reflecting a decline of 13.1% compared to the same period last year. Revenues are forecasted to be $893.57 million, representing a year-over-year increase of 0.3%.The consensus EPS estimate for the quarter has been revised 6.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates d ...