Scotiabank Issues Positive Estimate for Air Canada Earnings

Air Canada (OTCMKTS:ACDVF) – Equities research analysts at Scotiabank boosted their FY2025 earnings per share estimates for shares of Air Canada in a research note issued on Friday, January 23rd. Scotiabank analyst K. Gupta now anticipates that the company will earn $0.80 per share for the year, up from their previous forecast of $0.74. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $1.66 per share. Scotiabank also issued estimates for Air Canada’s FY2026 earnings at $1.01 EPS and FY2027 earnings at $1.38 EPS.

Air Canada (OTCMKTS:ACDVF) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). Air Canada had a negative net margin of 1.30% and a positive return on equity of 18.22%. The company had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $5.54 billion.

Other analysts also recently issued reports about the stock. BMO Capital Markets reissued an “outperform” rating on shares of Air Canada in a research report on Thursday, October 9th. Zacks Research downgraded shares of Air Canada from a “hold” rating to a “strong sell” rating in a research note on Monday, January 5th. Finally, UBS Group upgraded shares of Air Canada to a “hold” rating in a report on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Air Canada Price Performance

Shares of OTCMKTS:ACDVF opened at $14.03 on Monday. The business has a fifty day moving average price of $13.80 and a 200-day moving average price of $13.81. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.59 and a quick ratio of 0.56. The company has a market capitalization of $4.13 billion, a PE ratio of -25.05 and a beta of 1.46. Air Canada has a 1-year low of $8.56 and a 1-year high of $17.25.

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.