Investing.com - Copa reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Copa announced earnings per share of $2.91 on revenue of $809.4M. Analysts polled by Investing.com anticipated EPS of $2.70 on revenue of $819.01M.
Copa shares are down 9.42% from the beginning of the year and are trading at $74.87 , down-from-52-week-high.
Copa follows other major Industrials sector earnings this month
Copa's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.84 on revenue of $24.29B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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