Copa (NYSE:CPA) released its quarterly earnings results on Wednesday. The transportation company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.14, Briefing.com reports. Copa had a net margin of 3.29% and a return on equity of 15.45%. The firm had revenue of $708.21 million for the quarter, compared to analysts’ expectations of $698.59 million. During the same quarter last year, the company earned $1.36 EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year.
Shares of CPA opened at $107.00 on Friday. Copa has a 52-week low of $68.50 and a 52-week high of $116.88. The company has a quick ratio of 0.87, a current ratio of 0.96 and a debt-to-equity ratio of 0.67. The firm’s fifty day moving average is $101.92 and its two-hundred day moving average is $98.30. The stock has a market cap of $4.54 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 0.90 and a beta of 1.30.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.65 per share. The ex-dividend date is Wednesday, November 27th. This represents a $2.60 annualized dividend and a yield of 2.43%. Copa’s dividend payout ratio (DPR) is presently 39.88%.
Copa Holdings, SA, through its subsidiaries, provides airline passenger and cargo services. The company offers flights to 81 destinations in 33 countries in North, Central, and South America, as well as the Caribbean. As of April 24, 2019, it operated a fleet of 105 aircraft comprising 6 Boeing 737 MAX9s, 82 Boeing 737NGs, and 17 Embraer-190s aircraft.
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