Copa Holdings (CPA) PT Raised to $84 at Citi

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Go back to Copa Holdings (CPA) PT Raised to $84 at Citi

Copa Holdings (CPA) Misses Q3 EPS by 12c, Revenues Miss

November 18, 2020 4:35 PM EST

Copa Holdings (NYSE: CPA) reported Q3 EPS of ($2.86), $0.12 worse than the analyst estimate of ($2.74). Revenue for the quarter came in at $32.38 million versus the consensus estimate of $39.02 million.

OPERATING AND FINANCIAL HIGHLIGHTS

Copa Holdings reported a net loss of US$118.1 million or US$2.78 per share. Excluding special items, the Company would have reported a net loss of US$121.6 million, or US$2.86 per share.Special items for the quarter include a US$3.6 million unrealized gain on the mark-to-market of the Company's outstanding convertible notes.Copa Holdings reported an operating... More