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Is a Beat in Store for Copa Holdings (CPA) in Q2 Earnings?
CPACopa Holdings(CPA) ZACKS·2024-07-31 21:01

Copa Holdings has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average beat is 20.2%. Upbeat air travel demand is likely to have boosted CPA's top line. Passenger revenues, which account for the bulk of the top line, are likely to have increased in the to-be-reported quarter. Our estimate for passenger revenues is pegged at $840 million, up 8.5% compared with the second-quarter 2023 actuals. Meanwhile, estimates for revenue ...