Cormark Has Bearish Estimate for Air Canada Q1 Earnings

Air Canada (OTCMKTS:ACDVF) – Cormark reduced their Q1 2025 earnings per share (EPS) estimates for Air Canada in a report released on Tuesday, February 18th. Cormark analyst D. Ocampo now anticipates that the company will post earnings of ($0.43) per share for the quarter, down from their previous forecast of ($0.10). The consensus estimate for Air Canada’s current full-year earnings is $1.65 per share. Cormark also issued estimates for Air Canada’s Q3 2025 earnings at $1.41 EPS, Q4 2025 earnings at $0.17 EPS, Q1 2026 earnings at ($0.35) EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $1.51 EPS, Q4 2026 earnings at $0.19 EPS and FY2026 earnings at $1.88 EPS.

Separately, Stifel Canada upgraded shares of 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 $12.24 on Thursday. The company has a market capitalization of $4.00 billion, a PE ratio of 3.77 and a beta of 2.10. 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 company has a 50-day simple moving average of $14.40 and a two-hundred day simple moving average of $13.90. Air Canada has a one year low of $10.16 and a one year high of $18.56.

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

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.