Air Canada (TSE:AC – Get Free Report) will post its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect Air Canada to post earnings of C($0.15) per share for the quarter.
Air Canada (TSE:AC – Get Free Report) last announced its earnings results on Friday, February 16th. The company reported C($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.07). The company had revenue of C$5.18 billion during the quarter, compared to the consensus estimate of C$5.05 billion.
Air Canada Trading Down 0.4 %
Shares of TSE:AC opened at C$19.93 on Thursday. The business’s 50-day moving average is C$18.79 and its 200 day moving average is C$18.35. Air Canada has a 1 year low of C$16.04 and a 1 year high of C$26.04. The firm has a market capitalization of C$7.14 billion, a P/E ratio of 3.34, a P/E/G ratio of 0.02 and a beta of 2.42. The company has a debt-to-equity ratio of 1,741.46, a current ratio of 1.02 and a quick ratio of 1.06.
Analyst Ratings Changes
Read Our Latest Stock Analysis on AC
Insider Transactions at Air Canada
In related news, Senior Officer Mark Youssef Nasr bought 2,406 shares of the stock in a transaction dated Thursday, February 29th. The shares were purchased at an average price of C$18.21 per share, for a total transaction of C$43,823.37. Company insiders own 0.17% of the company’s stock.
Air Canada Company Profile
Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.
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