FY2026 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Research analysts at Scotiabank issued their FY2026 EPS estimates for shares of Air Canada in a note issued to investors on Thursday, July 23rd. Scotiabank analyst K. Gupta forecasts that the company will post earnings of $1.40 per share for the year. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Scotiabank also issued estimates for Air Canada’s FY2027 earnings at $2.03 EPS.

Air Canada (TSE:AC) last issued its earnings results on Thursday, April 30th. The company reported C($0.05) earnings per share for the quarter. Air Canada had a net margin of 3.46% and a return on equity of 34.23%. The firm had revenue of C$5.79 billion during the quarter.

Several other equities analysts have also weighed in on the company. ATB Cormark Capital Markets reduced their price objective on Air Canada from C$33.00 to C$32.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. National Bank Financial raised shares of Air Canada from a “hold” rating to an “outperform” rating and increased their target price for the stock from C$22.00 to C$29.00 in a research report on Tuesday, July 7th. Canadian Imperial Bank of Commerce cut their price target on shares of Air Canada from C$25.00 to C$22.00 in a report on Wednesday, April 8th. JPMorgan Chase & Co. reduced their price target on shares of Air Canada from C$27.00 to C$23.00 in a research report on Monday, May 4th. Finally, BMO Capital Markets boosted their price objective on shares of Air Canada from C$26.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$25.25.

Air Canada Stock Performance

Shares of TSE:AC opened at C$25.76 on Monday. The firm has a market capitalization of C$7.63 billion, a PE ratio of 10.64, a P/E/G ratio of 0.02 and a beta of 2.00. The company has a debt-to-equity ratio of 452.24, a current ratio of 0.60 and a quick ratio of 1.05. The business has a 50-day moving average of C$22.94 and a two-hundred day moving average of C$20.42. Air Canada has a 12 month low of C$16.45 and a 12 month high of C$25.80.

About Air Canada

Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Headquartered in Montréal, Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, with more than 10 million members worldwide. Members can earn or redeem points on the world’s largest airline partner network of more than 50 airlines, plus through an extensive range of merchandise, hotel and car rental partners.