FY2026 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF – Free Report) – Investment analysts at Scotiabank lifted their FY2026 earnings per share estimates for shares of Air Canada in a research report issued on Wednesday, August 19th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of $1.09 for the year, up from their previous forecast of $0.99. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $0.99 per share. Scotiabank also issued estimates for Air Canada’s FY2027 earnings at $1.48 EPS.

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Air Canada (OTCMKTS:ACDVF – Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.18. The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.34 billion. Air Canada had a return on equity of 21.51% and a net margin of 1.82%.

A number of other equities analysts have also recently issued reports on ACDVF. BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a report on Wednesday, August 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Air Canada in a research note on Thursday, August 13th. Jefferies Financial Group reissued a “hold” rating on shares of Air Canada in a research report on Thursday, August 13th. Zacks Research upgraded Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Air Canada in a research report on Friday, August 14th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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Air Canada Trading Down 1.1%

OTCMKTS ACDVF opened at $20.93 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 3.32. Air Canada has a 52 week low of $12.03 and a 52 week high of $22.52. The business has a 50 day moving average price of $17.89 and a 200-day moving average price of $15.44. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 20.52, a P/E/G ratio of 0.55 and a beta of 1.42.

Air Canada Company Profile

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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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