FY2026 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF) – Investment analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of Air Canada in a report issued on Monday, November 2nd. Scotiabank analyst K. Gupta now expects that the company will post earnings per share of $0.14 for the year, down from their previous forecast of $0.57. Scotiabank has an “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $0.30 per share. Scotiabank also issued estimates for Air Canada’s FY2027 earnings at $0.34 EPS.

Air Canada (OTCMKTS:ACDVF) last posted its earnings results on Thursday, October 29th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.16. The company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.82 billion. Air Canada had a return on equity of 18.75% and a net margin of 1.22%.

A number of other equities analysts have also commented on ACDVF. BMO Capital Markets reaffirmed an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 12th. Royal Bank Of Canada restated an “outperform” rating on shares of Air Canada in a research report on Thursday, August 13th. Jefferies Financial Group cut shares of Air Canada from a “hold” rating to an “underperform” rating in a report on Monday, October 19th. Canaccord Genuity Group upgraded shares of Air Canada from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 22nd. Finally, National Bank Financial reiterated an “outperform” rating on shares of Air Canada in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Air Canada Trading Down 3.6%

ACDVF stock opened at $15.54 on Friday. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.56 and a current ratio of 0.60. The company’s 50-day simple moving average is $17.93 and its 200 day simple moving average is $16.11. Air Canada has a 52 week low of $12.03 and a 52 week high of $22.52. The company has a market capitalization of $3.93 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 4.75 and a beta of 1.54.

About Air Canada

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.