FY2026 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Research analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Air Canada in a note issued to investors on Thursday, July 23rd. Scotiabank analyst K. Gupta expects that the company will earn $1.40 per share for the year. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Scotiabank also issued estimates for Air Canada’s FY2027 earnings at $2.03 EPS.

Other equities research analysts have also issued research reports about the stock. Royal Bank Of Canada boosted their price target on shares of Air Canada from C$22.00 to C$28.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Air Canada from C$25.00 to C$22.00 in a research note on Wednesday, April 8th. Stifel Nicolaus lifted their price objective on shares of Air Canada from C$25.50 to C$30.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Jefferies Financial Group boosted their price objective on shares of Air Canada from C$17.00 to C$19.00 in a research note on Tuesday, March 31st. Finally, TD lowered their target price on Air Canada from C$23.00 to C$21.00 in a report on Monday, April 20th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Air Canada currently has an average rating of “Moderate Buy” and a consensus target price of C$25.25.

Air Canada Price Performance

TSE:AC opened at C$23.27 on Monday. The company has a debt-to-equity ratio of 452.24, a current ratio of 0.60 and a quick ratio of 1.05. Air Canada has a 1-year low of C$16.45 and a 1-year high of C$25.50. The company has a 50-day moving average of C$22.70 and a 200 day moving average of C$20.34. The firm has a market cap of C$6.89 billion, a PE ratio of 9.62, a price-to-earnings-growth ratio of 0.02 and a beta of 2.00.

Air Canada (TSE:AC) last announced its quarterly earnings results on Thursday, April 30th. The company reported C($0.05) EPS for the quarter. The firm had revenue of C$5.79 billion for the quarter. Air Canada had a net margin of 3.46% and a return on equity of 34.23%.

About Air Canada

Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Headquartered in Montréal, Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, with more than 10 million members worldwide. Members can earn or redeem points on the world’s largest airline partner network of more than 50 airlines, plus through an extensive range of merchandise, hotel and car rental partners.