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Stock impact report

Copa Holdings Reports Financial Results for the Third Quarter of 2024

Copa Holdings, S.A. Copa Holdings, S.A. Class A (CPA) 
Last copa holdings, s.a. copa holdings, s.a. class a earnings: 2/12 04:45 pm Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/copa
Company Research Source: GlobeNewswire
PANAMA CITY, Panama, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the third quarter of 2024 (3Q24). 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 the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the third quarter of 2023 (3Q23). OPERATING AND FINANCIAL HIGHLIGHTS Copa Holdings reported a net profit of US$146.0 million for 3Q24 or US$3.50 per share, a US$28.4 million decrease compared to 3Q23 on an adjusted basis. The Company reported an operating profit of US$173.7 million and an operating margin of 20.3%, a decrease of US$31.3 million and 3.3 percentage points Show less Read more
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