FY2027 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF) – Scotiabank dropped their FY2027 earnings per share estimates for shares of Air Canada in a note issued to investors on Thursday, February 19th. Scotiabank analyst K. Gupta now anticipates that the company will post earnings of $1.37 per share for the year, down from their prior estimate of $1.38. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $1.66 per share.

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

Air Canada Stock Up 0.6%

ACDVF opened at $15.37 on Friday. Air Canada has a 12 month low of $8.56 and a 12 month high of $17.25. The company has a market cap of $4.51 billion, a PE ratio of 10.60, a price-to-earnings-growth ratio of 0.30 and a beta of 1.44. The company has a current ratio of 0.59, a quick ratio of 0.56 and a debt-to-equity ratio of 3.99. The company has a 50 day moving average of $14.35 and a 200 day moving average of $13.76.

Air Canada (OTCMKTS:ACDVF) last issued its earnings results on Thursday, February 12th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.27. Air Canada had a net margin of 2.92% and a return on equity of 24.22%. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $5.56 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.