Copa Holdings Earnings Estimate
| CPA Stock | USD 99.94 2.09 2.14% |
Copa |
Copa Holdings Earnings Estimation Breakdown
The calculation of Copa Holdings' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Copa Holdings is estimated to be 3.37 with the future projection ranging from a low of 3.0 to a high of 4.35. Please be aware that this consensus of annual earnings estimates for Copa Holdings SA is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
3.00 Lowest | Expected EPS | 4.35 Highest |
Copa Holdings Earnings Projection Consensus
Suppose the current estimates of Copa Holdings' value are higher than the current market price of the Copa Holdings stock. In this case, investors may conclude that Copa Holdings is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Copa Holdings' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2024 | Current EPS (TTM) | |
| 19 | 88.79% | 4.47 | 3.37 | 12.89 |
Copa Holdings Earnings per Share Projection vs Actual
Actual Earning per Share of Copa Holdings refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Copa Holdings SA predict the company's earnings will be in the future. The higher the earnings per share of Copa Holdings, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Copa Holdings Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Copa Holdings, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Copa Holdings should always be considered in relation to other companies to make a more educated investment decision.Copa Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Copa Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-08 | 2023-12-31 | 3.87 | 4.47 | 0.6 | 15 | ||
2023-11-15 | 2023-09-30 | 3.8 | 4.39 | 0.59 | 15 | ||
2023-08-09 | 2023-06-30 | 3.36 | 3.92 | 0.56 | 16 | ||
2023-05-10 | 2023-03-31 | 3.41 | 3.99 | 0.58 | 17 | ||
2023-02-15 | 2022-12-31 | 4.04 | 4.49 | 0.45 | 11 | ||
2022-11-16 | 2022-09-30 | 2.72 | 2.91 | 0.19 | 6 | ||
2022-08-03 | 2022-06-30 | 0.3 | 0.32 | 0.02 | 6 | ||
2022-05-11 | 2022-03-31 | 0.33 | 0.7 | 0.37 | 112 | ||
2022-02-09 | 2021-12-31 | 1.52 | 1.98 | 0.46 | 30 | ||
2021-11-17 | 2021-09-30 | -0.24 | 0.7 | 0.94 | 391 | ||
2021-08-04 | 2021-06-30 | -1.15 | -0.38 | 0.77 | 66 | ||
2021-05-05 | 2021-03-31 | -2.42 | -2.23 | 0.19 | 7 | ||
2021-02-10 | 2020-12-31 | -2.15 | -2.0 | 0.15 | 6 | ||
2020-11-18 | 2020-09-30 | -2.74 | -2.86 | -0.12 | 4 | ||
2020-08-05 | 2020-06-30 | -3.56 | -2.7 | 0.86 | 24 | ||
2020-05-06 | 2020-03-31 | 1.8 | 1.75 | -0.05 | 2 | ||
2020-02-12 | 2019-12-31 | 1.98 | 2.17 | 0.19 | 9 | ||
2019-11-13 | 2019-09-30 | 2.23 | 2.45 | 0.22 | 9 | ||
2019-08-07 | 2019-06-30 | 1.08 | 1.2 | 0.12 | 11 | ||
2019-05-08 | 2019-03-31 | 1.54 | 2.11 | 0.57 | 37 | ||
2019-02-13 | 2018-12-31 | 1.15 | 1.04 | -0.11 | 9 | ||
2018-11-14 | 2018-09-30 | 1.43 | 1.36 | -0.07 | 4 | ||
2018-08-08 | 2018-06-30 | 1.31 | 1.18 | -0.13 | 9 | ||
2018-05-09 | 2018-03-31 | 2.8 | 3.22 | 0.42 | 15 | ||
2018-02-21 | 2017-12-31 | 2.33 | 2.36 | 0.03 | 1 | ||
2017-11-08 | 2017-09-30 | 2.21 | 2.38 | 0.17 | 7 | ||
2017-08-09 | 2017-06-30 | 1.49 | 1.48 | -0.01 | 0 | ||
2017-05-10 | 2017-03-31 | 2.33 | 2.43 | 0.1 | 4 | ||
2017-02-15 | 2016-12-31 | 1.41 | 1.42 | 0.01 | 0 | ||
2016-11-08 | 2016-09-30 | 1.3 | 1.3 | 0.0 | 0 | ||
2016-08-03 | 2016-06-30 | 0.32 | 0.51 | 0.19 | 59 | ||
2016-05-05 | 2016-03-31 | 1.46 | 1.66 | 0.2 | 13 | ||
2016-02-17 | 2015-12-31 | 0.63 | 0.73 | 0.1 | 15 | ||
2015-11-12 | 2015-09-30 | 0.83 | 0.85 | 0.02 | 2 | ||
2015-08-12 | 2015-06-30 | 1.05 | 0.93 | -0.12 | 11 | ||
2015-06-05 | 2015-03-31 | 1.83 | 2.83 | 1.0 | 54 | ||
2015-02-11 | 2014-12-31 | 2.03 | 2.83 | 0.8 | 39 | ||
2014-12-03 | 2014-09-30 | 2.06 | 2.25 | 0.19 | 9 | ||
2014-08-06 | 2014-06-30 | 2.2 | 2.61 | 0.41 | 18 | ||
2014-05-07 | 2014-03-31 | 3.11 | 3.46 | 0.35 | 11 | ||
2014-02-12 | 2013-12-31 | 2.57 | 3.21 | 0.64 | 24 | ||
2013-11-12 | 2013-09-30 | 2.59 | 2.62 | 0.03 | 1 | ||
2013-08-07 | 2013-06-30 | 1.71 | 1.92 | 0.21 | 12 | ||
2013-05-13 | 2013-03-31 | 2.3 | 2.8 | 0.5 | 21 | ||
2013-02-06 | 2012-12-31 | 2.22 | 2.01 | -0.21 | 9 | ||
2012-11-07 | 2012-09-30 | 2.17 | 2.2 | 0.03 | 1 | ||
2012-08-08 | 2012-06-30 | 1.34 | 1.32 | -0.02 | 1 | ||
2012-05-09 | 2012-03-31 | 2.03 | 2.04 | 0.01 | 0 | ||
2012-02-08 | 2011-12-31 | 1.95 | 1.93 | -0.02 | 1 | ||
2011-11-08 | 2011-09-30 | 1.65 | 2.03 | 0.38 | 23 | ||
2011-08-03 | 2011-06-30 | 0.99 | 1.28 | 0.29 | 29 | ||
2011-05-04 | 2011-03-31 | 1.4 | 1.86 | 0.46 | 32 | ||
2011-02-10 | 2010-12-31 | 1.66 | 2.11 | 0.45 | 27 | ||
2010-11-11 | 2010-09-30 | 1.24 | 1.45 | 0.21 | 16 | ||
2010-08-11 | 2010-06-30 | 0.66 | 0.42 | -0.24 | 36 | ||
2010-05-05 | 2010-03-31 | 0.97 | 0.84 | -0.13 | 13 | ||
2010-02-10 | 2009-12-31 | 1.09 | 1.61 | 0.52 | 47 | ||
2009-11-12 | 2009-09-30 | 1 | 0.99 | -0.01 | 1 | ||
2009-08-05 | 2009-06-30 | 0.64 | 1.26 | 0.62 | 96 | ||
2009-05-06 | 2009-03-31 | 0.93 | 1.65 | 0.72 | 77 | ||
2009-02-19 | 2008-12-31 | 1.12 | 1.2 | 0.08 | 7 | ||
2008-11-13 | 2008-09-30 | 0.69 | 0.7 | 0.01 | 1 | ||
2008-08-14 | 2008-06-30 | 0.59 | 0.7 | 0.11 | 18 | ||
2008-05-08 | 2008-03-31 | 0.89 | 0.91 | 0.02 | 2 | ||
2008-02-21 | 2007-12-31 | 0.87 | 0.79 | -0.08 | 9 | ||
2007-11-15 | 2007-09-30 | 0.89 | 1.08 | 0.19 | 21 | ||
2007-08-15 | 2007-06-30 | 0.67 | 0.71 | 0.04 | 5 | ||
2007-05-16 | 2007-03-31 | 0.99 | 1.12 | 0.13 | 13 | ||
2007-03-07 | 2006-12-31 | 0.91 | 0.97 | 0.06 | 6 | ||
2006-11-15 | 2006-09-30 | 0.79 | 0.87 | 0.08 | 10 | ||
2006-08-16 | 2006-06-30 | 0.44 | 0.53 | 0.09 | 20 | ||
2006-05-17 | 2006-03-31 | 0.52 | 0.75 | 0.23 | 44 | ||
2006-03-30 | 2005-12-31 | 0.33 | 0.41 | 0.08 | 24 |
About Copa Holdings Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Copa Holdings earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Copa Holdings estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Copa Holdings fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 2.1 B | 1.4 B | |
| Earnings Yield | 0.12 | 0.07 | |
| Price Earnings Ratio | 8.25 | 7.84 | |
| Price Earnings To Growth Ratio | 0.16 | 0.11 |
Pair Trading with Copa Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Copa Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Copa Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Copa Stock
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| 0.84 | RYAAY | Ryanair Holdings PLC Report 27th of May 2024 | PairCorr |
Moving against Copa Stock
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| 0.56 | AZ | A2Z Smart Technologies | PairCorr |
The ability to find closely correlated positions to Copa Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Copa Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Copa Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Copa Holdings SA to buy it.
The correlation of Copa Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Copa Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copa Holdings SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Copa Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copa Holdings SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Copa Stock analysis
When running Copa Holdings' price analysis, check to measure Copa Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Copa Holdings is operating at the current time. Most of Copa Holdings' value examination focuses on studying past and present price action to predict the probability of Copa Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copa Holdings' price. Additionally, you may evaluate how the addition of Copa Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Copa Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Copa Holdings. If investors know Copa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Copa Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.039 | Dividend Share 3.28 | Earnings Share 12.89 | Revenue Per Share 86.095 | Quarterly Revenue Growth 0.03 |
The market value of Copa Holdings SA is measured differently than its book value, which is the value of Copa that is recorded on the company's balance sheet. Investors also form their own opinion of Copa Holdings' value that differs from its market value or its book value, called intrinsic value, which is Copa Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Copa Holdings' market value can be influenced by many factors that don't directly affect Copa Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Copa Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Copa Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copa Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.