What is Cormark’s Forecast for Air Canada FY2027 Earnings?

Air Canada (OTCMKTS:ACDVF) – Analysts at Cormark issued their FY2027 earnings estimates for shares of Air Canada in a note issued to investors on Wednesday, December 18th. Cormark analyst D. Ocampo forecasts that the company will post earnings of $2.07 per share for the year. The consensus estimate for Air Canada’s current full-year earnings is $2.51 per share.

Separately, Stifel Canada upgraded Air Canada from a “hold” rating to a “strong-buy” rating in a report on Sunday, November 3rd.

Air Canada Stock Performance

Shares of Air Canada stock opened at $15.47 on Monday. Air Canada has a 52 week low of $10.16 and a 52 week high of $18.56. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.89 and a current ratio of 0.92. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of 3.20 and a beta of 2.10. The firm has a fifty day moving average of $16.05 and a two-hundred day moving average of $13.42.

Air Canada (OTCMKTS:ACDVF) last announced its quarterly earnings data on Friday, November 1st. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.72. Air Canada had a return on equity of 82.89% and a net margin of 11.53%. The firm had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.48 billion.

Air Canada Company Profile

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.