Copa Holdings SA (CPA) on Wednesday reported second-quarter net income of $28.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Panama City-based company said it had profit of 66 cents. Losses, adjusted for non-recurring gains, were 38 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.08 per share.
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