Air Canada (ACDVF) to Release Earnings on Monday

Air Canada (OTCMKTS:ACDVF – Get Free Report) will likely be issuing its resultson Monday, July 27th. Analysts expect Air Canada to post earnings of $0.05 per share and revenue of $4.3347 billion for the quarter.

Air Canada (OTCMKTS:ACDVF – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.25. The business had revenue of $4.16 billion during the quarter, compared to the consensus estimate of $3.96 billion. Air Canada had a net margin of 3.45% and a return on equity of 27.71%. On average, analysts expect Air Canada to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

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Air Canada Stock Performance

OTCMKTS:ACDVF opened at $16.52 on Friday. The firm has a 50 day simple moving average of $16.17 and a 200-day simple moving average of $14.69. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.56 and a quick ratio of 0.53. The firm has a market cap of $4.63 billion, a PE ratio of 8.93, a P/E/G ratio of 0.48 and a beta of 1.42. Air Canada has a 1-year low of $12.03 and a 1-year high of $17.96.

Analysts Set New Price Targets

A number of analysts recently issued reports on ACDVF shares. National Bank Financial upgraded shares of Air Canada from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Scotiabank reissued a “sector perform” rating on shares of Air Canada in a research note on Thursday, July 16th. Zacks Research upgraded Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Air Canada in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Get Our Latest Analysis on ACDVF

Air Canada Company Profile

(Get Free Report)

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.

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