Scotiabank Forecasts Air Canada FY2026 Earnings

Posted by on Jul 29th, 2026

Air Canada (OTCMKTS:ACDVF – Free Report) – Analysts at Scotiabank issued their FY2026 EPS estimates for Air Canada in a note issued to investors on Thursday, July 23rd. Scotiabank analyst K. Gupta anticipates that the company will earn $0.99 per share for the year. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $1.02 per share. Scotiabank also issued estimates for Air Canada’s FY2027 earnings at $1.44 EPS.

Air Canada (OTCMKTS:ACDVF – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.25. The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $3.96 billion. Air Canada had a return on equity of 27.71% and a net margin of 3.45%.

Several other equities analysts have also recently issued reports on the company. National Bank Financial raised Air Canada from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a report on Wednesday, July 8th. Finally, Zacks Research raised shares of Air Canada from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Read Our Latest Analysis on Air Canada

Air Canada Trading Up 6.5%

OTCMKTS ACDVF opened at $18.26 on Monday. The stock has a market cap of $5.11 billion, a P/E ratio of 9.87, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. Air Canada has a fifty-two week low of $12.03 and a fifty-two week high of $18.28. The stock has a 50 day simple moving average of $16.33 and a two-hundred day simple moving average of $14.74. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.53 and a current ratio of 0.56.

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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Earnings History and Estimates for Air Canada (OTCMKTS:ACDVF)

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