Chorus Aviation (CHRRF) Expected to Release Earnings on Tuesday

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

Chorus Aviation Stock Performance

Chorus Aviation stock remained flat at $17.16 during trading on Tuesday. 400 shares of the company traded hands, compared to its average volume of 1,189. The company has a fifty day simple moving average of $17.48 and a 200 day simple moving average of $16.93. Chorus Aviation has a 12-month low of $14.30 and a 12-month high of $18.21.

Wall Street Analysts Forecast Growth

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