Copa Holdings: Q3 Earnings Snapshot

PANAMA CITY (AP) — PANAMA CITY (AP) — Copa Holdings SA (CPA) on Wednesday reported third-quarter net income of $146 million.

On a per-share basis, the Panama City-based company said it had net income of $3.50.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.48 per share.

The holding company for Panama's national airline posted revenue of $854.7 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $860.3 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPA at https://www.zacks.com/ap/CPA