Why Is Copa Holdings (CPA) Down 3% Since Last Earnings Report?

Summary of Copa Holdings and Industry Performance Core Viewpoint - Copa Holdings has experienced a 3% decline in share price over the past month, which is better than the S&P 500 performance, raising questions about future trends leading up to the next earnings report [1]. Company Performance - The consensus estimate for Copa Holdings has decreased by 8.42% over the past month, indicating a downward trend in earnings expectations [2]. - Copa Holdings currently holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the upcoming months [4]. VGM Scores - Copa Holdings has an average Growth Score of C, a Momentum Score of B, and a Value Score of A, placing it in the top 20% for the value investment strategy. The overall aggregate VGM Score is A, which is significant for investors not focused on a single strategy [3]. Industry Comparison - Copa Holdings is part of the Zacks Transportation - Airline industry. In comparison, Southwest Airlines (LUV) has seen a 3.6% increase in share price over the past month [5]. - Southwest Airlines reported revenues of $6.93 billion for the last quarter, reflecting a year-over-year increase of 1.6$0.37 to $0.56 [5]. - Southwest is projected to incur a loss of$0.18 per share for the current quarter, which represents a year-over-year change of +50%, with a Zacks Consensus Estimate adjustment of -15% over the last 30 days [6].