Cormark Issues Negative Forecast for Air Canada Earnings

Key Points

• Cormark has decreased its Q3 2025 earnings per share estimate for Air Canada from $1.28 to $1.27, while maintaining a full-year estimate of $1.66 per share.
• The Royal Bank of Canada upgraded Air Canada's stock rating from "hold" to "moderate buy" on May 12th.
• In its last earnings report, Air Canada posted earnings of $0.43 per share, falling short of the consensus estimate of $0.50.

Air Canada (OTCMKTS:ACDVF - Free Report) - Stock analysts at Cormark dropped their Q3 2025 EPS estimates for shares of Air Canada in a note issued to investors on Wednesday, July 30th. Cormark analyst D. Ocampo now anticipates that the company will post earnings per share of $1.27 for the quarter, down from their prior estimate of $1.28. The consensus estimate for Air Canada's current full-year earnings is $1.66 per share. Cormark also issued estimates for Air Canada's Q3 2026 earnings at $1.19 EPS, FY2026 earnings at $1.67 EPS and FY2027 earnings at $1.61 EPS.

Air Canada (OTCMKTS:ACDVF - Get Free Report) last announced its earnings results on Monday, July 28th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.07). The firm had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $5.55 billion. Air Canada had a return on equity of 45.69% and a net margin of 6.83%.

Several other research analysts also recently commented on the stock. Royal Bank Of Canada upgraded shares of Air Canada from a "hold" rating to a "moderate buy" rating in a report on Monday, May 12th. Scotiabank reiterated an "outperform" rating on shares of Air Canada in a report on Wednesday.

Air Canada Stock Performance

ACDVF traded up $0.02 during trading on Thursday, hitting $13.86. The stock had a trading volume of 1,795 shares, compared to its average volume of 318,796. The firm has a market cap of $4.47 billion, a PE ratio of 5.06 and a beta of 1.99. Air Canada has a 12 month low of $8.56 and a 12 month high of $18.56. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 5.38. The company has a 50 day simple moving average of $14.81 and a 200-day simple moving average of $12.69.

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.