FY2027 EPS Estimates for Air Canada Reduced by Scotiabank

Air Canada (OTCMKTS:ACDVF) – Analysts at Scotiabank reduced their FY2027 EPS estimates for shares of Air Canada in a research note issued to investors on Thursday, February 19th. Scotiabank analyst K. Gupta now expects that the company will earn $1.37 per share for the year, down from their previous forecast 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.

Air Canada (OTCMKTS:ACDVF) last announced 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. Air Canada had a net margin of 2.92% and a return on equity of 24.22%. The company had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $5.56 billion.

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

Air Canada Stock Up 0.6%

Shares of ACDVF opened at $15.37 on Friday. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.56 and a current ratio of 0.59. Air Canada has a 52 week low of $8.56 and a 52 week high of $17.25. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 10.60, a PEG ratio of 0.31 and a beta of 1.44. The stock has a fifty day moving average of $14.35 and a 200-day moving average of $13.76.

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.