FY2026 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF) – Equities research analysts at Scotiabank lowered their FY2026 earnings per share estimates for Air Canada in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $0.57 per share for the year, down from their previous estimate of $1.09. Scotiabank currently has an “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $0.94 per share. Scotiabank also issued estimates for Air Canada’s FY2027 earnings at $0.97 EPS.

Air Canada (OTCMKTS:ACDVF) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.18. The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.34 billion. Air Canada had a return on equity of 20.11% and a net margin of 1.82%.

Several other equities research analysts have also recently commented on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 12th. National Bank Financial reiterated an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 12th. Royal Bank Of Canada reissued an “outperform” rating on shares of Air Canada in a research note on Thursday, August 13th. Canaccord Genuity Group upgraded shares of Air Canada from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 22nd. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Air Canada in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Air Canada Stock Up 1.3%

Shares of Air Canada stock opened at $15.36 on Tuesday. The company has a current ratio of 0.60, a quick ratio of 0.56 and a debt-to-equity ratio of 3.52. The company’s fifty day simple moving average is $18.83 and its two-hundred day simple moving average is $16.05. The company has a market cap of $3.88 billion, a P/E ratio of 15.06, a PEG ratio of 0.41 and a beta of 1.45. Air Canada has a 12-month low of $12.03 and a 12-month high of $22.52.

Air Canada Company Profile

Air Canada is Canada’s flag carrier and the country’s largest airline. The company provides scheduled passenger air transportation to destinations across Canada, the United States and international markets. Its network serves major regions in Europe, Asia-Pacific, Latin America, the Caribbean and other global destinations.

In addition to its mainline operations, Air Canada operates Air Canada Rouge, a leisure-focused carrier, and Air Canada Cargo, which provides air freight services. The company also offers vacation packages through Air Canada Vacations and operates Aeroplan, its travel loyalty program.