FY2027 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF) – Stock analysts at Scotiabank dropped their FY2027 earnings estimates for Air Canada in a note issued to investors on Thursday, March 12th. Scotiabank analyst K. Gupta now expects that the company will post earnings of $1.17 per share for the year, down from their prior forecast of $1.37. Scotiabank has a “Hold” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $1.66 per share.

Several other analysts have also issued reports on ACDVF. ATB Cormark Capital Markets lowered Air Canada from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th. Raymond James Financial downgraded Air Canada from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Jefferies Financial Group restated a “hold” rating on shares of Air Canada in a research note on Sunday, February 15th. Zacks Research raised shares of Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Finally, UBS Group upgraded shares of Air Canada to a “hold” rating in a research report on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Air Canada Price Performance

Shares of OTCMKTS ACDVF opened at $12.07 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.53 and a debt-to-equity ratio of 3.32. The stock has a fifty day simple moving average of $14.29 and a two-hundred day simple moving average of $13.74. Air Canada has a 1-year low of $8.56 and a 1-year high of $17.25. The firm has a market cap of $3.54 billion, a price-to-earnings ratio of 8.32, a price-to-earnings-growth ratio of 0.24 and a beta of 1.39.

Air Canada (OTCMKTS:ACDVF) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.27. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $5.56 billion. Air Canada had a net margin of 2.92% and a return on equity of 22.50%.

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.