Air Canada (ACDVF) Expected to Announce Quarterly Earnings on Friday

Key Points

• Air Canada is set to report quarterly earnings before the market opens on Friday, Feb. 13, with analysts expecting $0.19 EPS and $5.5571 billion in revenue.
• In the last quarter the company reported $0.55 EPS (missing estimates by $0.01) and revenue of $4.15 billion versus forecasts near $5.54 billion, and while ROE was 18.22% the net margin was negative (-1.30%).
• The stock trades around $15.20 with a 12-month range of $8.56–$17.25 and a market cap of $4.48B, shows high leverage (debt-to-equity 3.99), and carries a consensus analyst rating of Hold (2 Buy, 4 Hold, 1 Sell).

Air Canada (OTCMKTS:ACDVF - Get Free Report) will likely be announcing its results before the market opens on Friday, February 13th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $5.5571 billion for the quarter.

Air Canada (OTCMKTS:ACDVF - Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.01). Air Canada had a positive return on equity of 18.22% and a negative net margin of 1.30%.The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $5.54 billion. On average, analysts expect Air Canada to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Air Canada Price Performance

OTCMKTS ACDVF opened at $15.20 on Friday. Air Canada has a twelve month low of $8.56 and a twelve month high of $17.25. The stock has a market capitalization of $4.48 billion, a PE ratio of -27.14 and a beta of 1.44. The stock has a 50-day simple moving average of $14.03 and a 200 day simple moving average of $13.76. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.56 and a current ratio of 0.59.

Analyst Ratings Changes

A number of research analysts recently commented on ACDVF shares. Scotiabank restated an "outperform" rating on shares of Air Canada in a research note on Wednesday, January 21st. Zacks Research raised Air Canada from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 27th. BMO Capital Markets reiterated an "outperform" rating on shares of Air Canada in a report on Thursday, October 9th. Finally, UBS Group raised shares of Air Canada to a "hold" rating in a report on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Air Canada has a consensus rating of "Hold".

Air Canada Company Profile

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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