FY2027 Earnings Forecast for Air Canada Issued By Cormark

Air Canada (OTCMKTS:ACDVF) – Investment analysts at Cormark issued their FY2027 earnings estimates for Air Canada in a research note issued to investors on Wednesday, December 18th. Cormark analyst D. Ocampo expects that the company will post earnings of $2.07 per share for the year. The consensus estimate for Air Canada’s current full-year earnings is $2.51 per share.

Separately, Stifel Canada upgraded Air Canada from a “hold” rating to a “strong-buy” rating in a research note on Sunday, November 3rd.

Air Canada Price Performance

Shares of OTCMKTS ACDVF opened at $15.47 on Monday. Air Canada has a 1-year low of $10.16 and a 1-year high of $18.56. The business’s 50 day moving average is $16.05 and its 200-day moving average is $13.42. The firm has a market cap of $5.41 billion, a P/E ratio of 3.20 and a beta of 2.10. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 3.47.

Air Canada (OTCMKTS:ACDVF) last announced its quarterly earnings results on Friday, November 1st. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.72. The business had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.48 billion. Air Canada had a net margin of 11.53% and a return on equity of 82.89%.

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.