Analysts Issue Forecasts for Air Canada Q2 Earnings

Air Canada (TSE:AC) – Investment analysts at National Bank Financial boosted their Q2 2025 earnings per share estimates for shares of Air Canada in a research note issued on Tuesday, July 15th. National Bank Financial analyst C. Doerksen now expects that the company will post earnings of $0.70 per share for the quarter, up from their previous forecast of $0.68. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. National Bank Financial also issued estimates for Air Canada’s FY2025 earnings at $1.90 EPS and FY2026 earnings at $2.42 EPS.

AC has been the topic of several other reports. Scotiabank dropped their price target on Air Canada from C$25.00 to C$21.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th. BMO Capital Markets lowered their price objective on Air Canada from C$31.00 to C$29.00 and set an “outperform” rating on the stock in a research report on Thursday, April 3rd. CIBC lowered their price objective on Air Canada from C$24.00 to C$21.00 in a research report on Thursday, April 10th. Stifel Nicolaus boosted their price objective on Air Canada from C$22.00 to C$23.00 in a research report on Monday, May 12th. Finally, Raymond James Financial lowered their price objective on Air Canada from C$28.00 to C$24.00 in a research report on Tuesday, May 6th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$24.41.

Air Canada Stock Down 0.5%

Shares of AC stock opened at C$21.51 on Thursday. The stock’s 50 day simple moving average is C$19.77 and its 200 day simple moving average is C$17.86. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.06 and a current ratio of 0.92. Air Canada has a twelve month low of C$12.69 and a twelve month high of C$26.18. The company has a market capitalization of C$7.67 billion, a price-to-earnings ratio of 3.03, a PEG ratio of 0.02 and a beta of 2.39.

About Air Canada

Air Canada is Canada’s largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.