Chorus Aviation (CHRRF) Expected to Post Quarterly Earnings on Tuesday

Chorus Aviation (OTCMKTS:CHRRF) is anticipated to issue its resultson Tuesday, August 4th. Analysts expect the company to post earnings of $0.3760 per share and revenue of $232.7320 million for the quarter.

Chorus Aviation Stock Performance

CHRRF stock remained flat at $17.16 during mid-day trading on Tuesday. The company’s stock had a trading volume of 400 shares, compared to its average volume of 1,189. The firm has a 50-day moving average of $17.48 and a 200 day moving average of $16.93. Chorus Aviation has a 52 week low of $14.30 and a 52 week high of $18.21.

Analysts Set New Price Targets

Several brokerages recently commented on CHRRF. TD Securities reissued a “buy” rating on shares of Chorus Aviation in a report on Tuesday, May 12th. Scotiabank reissued an “outperform” rating on shares of Chorus Aviation in a research note on Thursday, July 16th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Chorus Aviation in a research report on Monday, May 11th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Chorus Aviation Company Profile

Chorus Aviation Inc is a Canadian-based aviation services company that operates a diversified portfolio of regional airline, aircraft leasing and flight training businesses. The company’s principal airline subsidiary, Jazz Aviation LP, provides regional flight services under capacity purchase agreements with major North American carriers, operating a fleet of turboprop and regional jet aircraft across a network of domestic and cross-border routes.

In addition to its passenger services, Chorus Aviation maintains a charter and cargo division that supports ad hoc freight transport and special-mission operations.