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 report issued on Thursday, July 23rd. Scotiabank analyst K. Gupta forecasts 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.

Several other equities analysts also recently issued reports on the stock. Stifel Nicolaus upped 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. ATB Cormark Capital Markets lowered their target price on shares of Air Canada from C$33.00 to C$32.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Canaccord Genuity Group boosted their target price on shares of Air Canada from C$20.00 to C$26.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. National Bank Financial upgraded shares of Air Canada from a “hold” rating to an “outperform” rating and upped their price target for the company from C$22.00 to C$29.00 in a research note on Tuesday, July 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Air Canada from C$27.00 to C$23.00 in a report on Monday, May 4th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Air Canada presently has a consensus rating of “Moderate Buy” and a consensus target price of C$25.25.

Air Canada Price Performance

Shares of TSE AC opened at C$23.27 on Monday. Air Canada has a fifty-two week low of C$16.45 and a fifty-two week high of C$25.50. The company has a market cap of C$6.89 billion, a PE ratio of 9.62, a P/E/G ratio of 0.02 and a beta of 2.00. The company has a debt-to-equity ratio of 452.24, a quick ratio of 1.05 and a current ratio of 0.60. The business has a 50-day simple moving average of C$22.70 and a two-hundred day simple moving average of C$20.34.

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

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.