Air Canada (OTCMKTS:ACDVF – Free Report) – Analysts at Cormark raised their FY2024 EPS estimates for shares of Air Canada in a research note issued to investors on Monday, November 4th. Cormark analyst D. Ocampo now anticipates that the company will earn $2.60 per share for the year, up from their prior forecast of $1.95. The consensus estimate for Air Canada’s current full-year earnings is $1.65 per share. Cormark also issued estimates for Air Canada’s Q4 2024 earnings at $0.19 EPS, Q1 2025 earnings at $0.01 EPS, Q3 2025 earnings at $2.04 EPS, Q4 2025 earnings at $0.03 EPS and FY2025 earnings at $3.03 EPS.
Air Canada (OTCMKTS:ACDVF – Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.16 by $0.72. Air Canada had a net margin of 11.53% and a return on equity of 133.91%. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.48 billion.
View Our Latest Analysis on ACDVF
Air Canada Stock Performance
Shares of ACDVF stock opened at $16.62 on Wednesday. The company has a debt-to-equity ratio of 9.32, a quick ratio of 0.81 and a current ratio of 0.85. Air Canada has a one year low of $10.16 and a one year high of $16.65. The company’s 50-day simple moving average is $12.59 and its 200-day simple moving average is $12.66. The stock has a market capitalization of $5.96 billion, a price-to-earnings ratio of 3.43 and a beta of 2.05.
Air Canada Company Profile
Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.
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