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Copa Holdings Q1 Adjusted Earnings, Operating Revenue Increase
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Copa Holdings Q1 Adjusted Earnings, Operating Revenue Increase
May 15, 2024 2:19 PM

04:46 PM EDT, 05/15/2024 (MT Newswires) -- Copa Holdings ( CPA ) reported Q1 adjusted earnings Wednesday of $4.19 per share, up from $3.99 per share a year earlier.

Analysts polled by Capital IQ expected $3.33.

Operating revenue for the quarter ended March 31 rose to $893.5 million from $867.3 million a year earlier. Analysts surveyed by Capital IQ expected $871.8 million.

Copa Holdings ( CPA ) said it will make a dividend payment of $1.61 per share, payable on June 14 to shareholders of record on May 31.

The company's shares were up 1.1% in after-hours activity.

Price: 111.09, Change: +1.25, Percent Change: +1.14

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