FY2026 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (OTCMKTS:ACDVF) – Analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for shares of Air Canada in a research note issued to investors on Thursday, February 19th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings per share of $1.48 for the year, up from their previous forecast of $1.01. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $1.66 per share.

Air Canada (OTCMKTS:ACDVF) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.27. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $5.56 billion. Air Canada had a return on equity of 24.22% and a net margin of 2.92%.

Several other research analysts also recently commented on ACDVF. Zacks Research raised Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Jefferies Financial Group reissued a “hold” rating on shares of Air Canada in a research note on Sunday, February 15th. ATB Cormark Capital Markets cut Air Canada from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 16th. UBS Group raised Air Canada to a “hold” rating in a report on Tuesday, November 18th. Finally, Raymond James Financial downgraded shares of Air Canada from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Air Canada has a consensus rating of “Hold”.

Air Canada Price Performance

OTCMKTS:ACDVF opened at $14.90 on Monday. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 3.99. The firm has a market cap of $4.37 billion, a PE ratio of 10.28, a price-to-earnings-growth ratio of 0.29 and a beta of 1.44. Air Canada has a 12 month low of $8.56 and a 12 month high of $17.25. The company’s 50-day moving average price is $14.38 and its two-hundred day moving average price is $13.76.

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.