PANAMA CITY (AP) — PANAMA CITY (AP) — Copa Holdings SA (CPA) on Wednesday reported second-quarter net income of $148.9 million.
The Panama City-based company said it had net income of $3.61 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.25 per share.
The holding company for Panama's national airline posted revenue of $842.6 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $834.8 million.
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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
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