Copa Holdings

CPA

Market cap $4.99B

CPA posts strong Q3 results with higher EPS, rising demand and capacity gains, but cost pressures cloud its outlook.

Copa Holdings remains a 'Strong Buy,' with shares undervalued despite the recent post-earnings decline and outperforming the S&P 500 year-to-date. Q3 2025 results showed revenue and margin growth, though unit revenues and yields softened due to increased capacity and pricing pressures. CPA's guidance projects robust capacity growth and disciplined costs, but market concerns focus on yield pressure and potential margin constraints.

Copa Holdings: Q3 Earnings Confirm A Rare Gem In A Tough Industry

Copa Holdings, S.A. ( CPA ) Q3 2025 Earnings Call November 20, 2025 11:00 AM EST Company Participants Daniel Tapia Pedro Heilbron - CEO & Executive Chairman Peter Donkersloot Ponce - Chief Financial Officer Conference Call Participants Savanthi Syth - Raymond James & Associates, Inc., Research Division Michael Linenberg - Deutsche Bank AG, Research Division Jacob Gunning - Evercore ISI Institutional Equities, Research Division Filipe Ferreira Nielsen - Citigroup Inc., Research Division Daniel McKenzie - Seaport Research Partners Alberto Valerio - UBS Investment Bank, Research Division Thomas Fitzgerald - TD Cowen, Research Division Guilherme Mendes - JPMorgan Chase & Co, Research Division Jens Spiess - Morgan Stanley, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by.

CPA's third-quarter 2025 earnings and revenues improve year over year.

Although the revenue and EPS for Copa Holdings (CPA) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Copa Holdings (CPA) came out with quarterly earnings of $4.2 per share, beating the Zacks Consensus Estimate of $4.03 per share. This compares to earnings of $3.5 per share a year ago.

PANAMA CITY, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Copa Holdings1, S.A. (NYSE: CPA), today announced financial results for the third quarter of 2025 (3Q25), delivering another quarter of strong profitability and operational excellence. Key highlights for the quarter include:

Beyond analysts' top-and-bottom-line estimates for Copa Holdings (CPA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2025.

CPA posts October traffic with RPM up 9.3% while load factor falls to 87.2% as traffic fails to outpace capacity growth.