FY2027 Earnings Estimate for Air Canada Issued By Cormark

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

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

Air Canada Stock Up 1.0 %

ACDVF stock opened at $15.24 on Monday. Air Canada has a 52-week low of $10.16 and a 52-week high of $18.56. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.92 and a quick ratio of 0.89. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of 3.15 and a beta of 2.10. The company has a 50-day moving average of $16.00 and a two-hundred day moving average of $13.41.

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

About Air Canada

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.