Copa Holdings SA (CPA) revealed a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $176.77 million, or $4.28 per share. This compares with $176.07 million, or $4.19 per share, last year.
Analysts on average had expected the company to earn $4.05 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.6% to $899.181 million from $893.467 million last year.
Copa Holdings SA earnings at a glance (GAAP) :
-Earnings: $176.77 Mln. vs. $176.07 Mln. last year.
-EPS: $4.28 vs. $4.19 last year.
-Revenue: $899.181 Mln vs. $893.467 Mln last year.
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