FY2027 EPS Estimates for Air Canada Cut by Scotiabank

Air Canada (OTCMKTS:ACDVF) – Analysts at Scotiabank reduced their FY2027 earnings per share estimates for shares of Air Canada in a report released on Thursday, March 12th. Scotiabank analyst K. Gupta now anticipates that the company will earn $1.17 per share for the year, down from their previous 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 released its quarterly earnings data on Thursday, February 12th. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.27. The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $5.56 billion. Air Canada had a net margin of 2.92% and a return on equity of 22.50%.

Several other research firms have also recently weighed in on ACDVF. UBS Group raised Air Canada to a “hold” rating in a research note on Tuesday, November 18th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Air Canada in a research report on Sunday, February 15th. Zacks Research raised Air Canada from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. ATB Cormark Capital Markets downgraded Air Canada from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 16th. Finally, Raymond James Financial lowered Air Canada from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Air Canada currently has a consensus rating of “Hold”.

Air Canada Price Performance

Shares of Air Canada stock traded down $0.35 on Friday, hitting $12.19. The company had a trading volume of 14,064 shares, compared to its average volume of 128,704. Air Canada has a 52 week low of $8.56 and a 52 week high of $17.25. The company has a market cap of $3.57 billion, a PE ratio of 8.41, a PEG ratio of 0.25 and a beta of 1.39. The business has a 50-day simple moving average of $14.34 and a 200-day simple moving average of $13.75. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.56 and a quick ratio of 0.53.

About Air Canada

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.