Scotiabank Issues Positive Forecast for Air Canada Earnings

Air Canada (OTCMKTS:ACDVF) – Investment analysts at Scotiabank increased their FY2025 earnings per share estimates for Air Canada in a report released on Friday, January 23rd. Scotiabank analyst K. Gupta now expects that the company will earn $0.80 per share for the year, up from their previous estimate of $0.74. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $1.66 per share. Scotiabank also issued estimates for Air Canada’s FY2026 earnings at $1.01 EPS and FY2027 earnings at $1.38 EPS.

Several other equities research analysts have also recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a research report on Thursday, October 9th. UBS Group upgraded shares of Air Canada to a “hold” rating in a report on Tuesday, November 18th. Finally, Zacks Research cut shares of Air Canada from a “hold” rating to a “strong sell” rating in a research report on Monday, January 5th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Air Canada has an average rating of “Hold”.

Air Canada Stock Up 0.2%

Air Canada stock opened at $14.16 on Monday. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of -25.29 and a beta of 1.46. Air Canada has a 52-week low of $8.56 and a 52-week high of $17.25. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.56 and a current ratio of 0.59. The firm has a 50 day moving average price of $13.77 and a two-hundred day moving average price of $13.83.

Air Canada (OTCMKTS:ACDVF) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). Air Canada had a positive return on equity of 18.22% and a negative net margin of 1.30%.The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $5.54 billion.

About Air Canada

Air Canada is the largest airline in Canada and one of the leading carriers in North America. Founded in 1937 as Trans-Canada Air Lines and rebranded as Air Canada in 1965, the company operates scheduled passenger and cargo services on six continents. The airline maintains membership in the Star Alliance network, offering seamless connections and coordinated loyalty benefits to travelers worldwide.

Through its mainline operations and subsidiaries—including Air Canada Rouge, Air Canada Cargo and Air Canada Vacations—the company provides a broad range of services.