Copa Holdings closed at $135.51, up 2.29% and ahead of the S&P 500's 0.66% gain. The Panama airline holding company is expected to report quarterly EPS of $3.98, down 5.24% from a year earlier, on revenue of $1.17 billion, up 28.48%. Full-year consensus estimates call for earnings of $15.22 per share and revenue of $4.48 billion, year-over-year changes of -6.51% and +23.84%. Copa Holdings carries a Zacks Rank of #3 (Hold) and trades at a forward P/E of 8.7, below its industry average of 11.57.
Copa Holdings SACopa shares rose ahead of its upcoming earnings report, with consensus EPS expected down 5.24% YoY but revenue up 28.48%.
