FY2027 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF) – Investment analysts at Scotiabank dropped their FY2027 earnings per share (EPS) estimates for Air Canada in a research note issued to investors on Thursday, March 12th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of $1.17 for the year, down from their prior estimate of $1.37. Scotiabank currently has a “Hold” 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 posted its earnings results on Thursday, February 12th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.27. The business had revenue of $4.19 billion for 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%.

Other analysts have also issued research reports about the stock. Zacks Research raised shares of Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. ATB Cormark Capital Markets downgraded Air Canada from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 16th. Jefferies Financial Group reissued a “hold” rating on shares of Air Canada in a report on Sunday, February 15th. Raymond James Financial lowered Air Canada from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Finally, UBS Group upgraded Air Canada to a “hold” rating in a research report on Tuesday, November 18th. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Air Canada Trading Down 3.7%

Shares of ACDVF stock opened at $12.07 on Friday. The company has a market capitalization of $3.54 billion, a P/E ratio of 8.32, a P/E/G ratio of 0.23 and a beta of 1.39. Air Canada has a 12-month low of $8.56 and a 12-month high of $17.25. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 3.32. The firm has a 50-day moving average price of $14.29 and a 200 day moving average price of $13.73.

Air Canada Company Profile

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.