FY2026 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for shares of Air Canada in a report issued on Monday, November 2nd. Scotiabank analyst K. Gupta now forecasts that the company will earn $0.20 per share for the year, down from their prior forecast of $0.80. Scotiabank has a “Sector Outperform” rating and a $33.00 price objective on the stock. 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 $0.48 EPS.

Air Canada (TSE:AC) last posted its quarterly earnings data on Thursday, October 29th. The company reported C$0.75 earnings per share (EPS) for the quarter. Air Canada had a net margin of 1.23% and a return on equity of 12.10%. The company had revenue of C$6.98 billion for the quarter.

Several other equities research analysts also recently issued reports on AC. Canadian Imperial Bank of Commerce lifted their price target on shares of Air Canada from C$26.00 to C$40.00 in a research note on Friday, August 14th. Royal Bank Of Canada decreased their price objective on shares of Air Canada from C$37.00 to C$28.00 and set an “outperform” rating for the company in a research report on Monday. Canaccord Genuity Group upgraded Air Canada from a “hold” rating to a “buy” rating and lowered their target price for the company from C$29.00 to C$25.00 in a research note on Thursday, October 22nd. ATB Cormark Capital Markets dropped their target price on Air Canada from C$45.00 to C$43.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 27th. Finally, National Bank Financial cut their price target on Air Canada from C$37.00 to C$33.00 and set an “outperform” rating on the stock in a research note on Friday, October 30th. Eight analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$30.31.

Air Canada Price Performance

Shares of AC stock opened at C$21.60 on Friday. The company has a market capitalization of C$5.46 billion, a PE ratio of 21.82, a price-to-earnings-growth ratio of 0.02 and a beta of 1.64. The firm has a fifty day simple moving average of C$25.15 and a 200-day simple moving average of C$22.39. The company has a current ratio of 0.64, a quick ratio of 1.05 and a debt-to-equity ratio of 517.55. Air Canada has a twelve month low of C$16.45 and a twelve month high of C$31.45.

Air Canada Company Profile

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.