FY2025 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Equities research analysts at Scotiabank upped their FY2025 EPS estimates for Air Canada in a research report issued on Friday, January 23rd. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $1.11 for the year, up from their previous forecast of $1.03. Scotiabank currently has a “Outperform” rating and a $26.50 price target on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Scotiabank also issued estimates for Air Canada’s FY2026 earnings at $1.40 EPS and FY2027 earnings at $1.90 EPS.

Air Canada (TSE:AC) last issued its earnings results on Tuesday, November 4th. The company reported C$0.75 earnings per share for the quarter. Air Canada had a net margin of 11.57% and a return on equity of 177.01%. The company had revenue of C$5.77 billion for the quarter.

Several other equities analysts have also recently issued reports on AC. BMO Capital Markets reduced their price objective on Air Canada from C$28.00 to C$27.00 in a report on Thursday, October 9th. National Bankshares lifted their price target on Air Canada from C$23.00 to C$24.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 14th. Royal Bank Of Canada set a C$25.00 price objective on shares of Air Canada and gave the company an “outperform” rating in a research note on Tuesday, November 25th. UBS Group upgraded shares of Air Canada to a “hold” rating in a report on Tuesday, November 18th. Finally, CIBC upped their price target on shares of Air Canada from C$23.00 to C$24.00 in a report on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$24.42.

Air Canada Price Performance

AC stock opened at C$19.23 on Monday. The company has a market cap of C$5.70 billion, a price-to-earnings ratio of -27.87, a PEG ratio of 0.02 and a beta of 1.75. The company has a current ratio of 0.92, a quick ratio of 1.06 and a debt-to-equity ratio of 400.00. The firm has a 50 day moving average of C$19.11 and a 200-day moving average of C$19.14. Air Canada has a 12-month low of C$12.69 and a 12-month high of C$23.72.

Air Canada Company Profile

Air Canada is Canada’s largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.