Copa Holdings (CPA) to Post Q2 Financials: What's in Store?
Zacks Investment Research | Aug 04, 2020 01:00AM ET
Copa Holdings (NYSE:CPA), S.A. GOL , in the Latin American aviation space expects its non-fuel unit costs to have escalated during the to-be-reported quarter thanks to COVID-19 induced lower capacity.
With coronavirus affecting demand significantly, low fuel prices are expected to have partly offset the adversities and contributed to the bottom line in the second quarter. The consensus mark for fuel cost per gallon indicates 38.5% decline from its March-end reported figure.
Earnings Whispers
The proven Zacks model conclusively predicts an earnings beat for Copa Holdings this time around. This is because a stock needs to have a positive To read this article on Zacks.com click here.
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