FY2025 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF) – Scotiabank reduced their FY2025 earnings per share estimates for shares of Air Canada in a note issued to investors on Wednesday, March 19th. Scotiabank analyst K. Gupta now anticipates that the company will earn $1.25 per share for the year, down from their prior estimate of $1.42. The consensus estimate for Air Canada’s current full-year earnings is $1.66 per share.

Air Canada (OTCMKTS:ACDVF) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. Air Canada had a return on equity of 80.37% and a net margin of 7.82%.

Air Canada Price Performance

OTCMKTS:ACDVF opened at $10.68 on Monday. Air Canada has a 12-month low of $10.16 and a 12-month high of $18.56. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 3.28 and a beta of 2.09. The company’s 50-day moving average is $12.27 and its two-hundred day moving average is $13.90. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 3.47.

About Air Canada

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.