Air Canada (ACDVF) Projected to Post Earnings on Friday

Air Canada (OTCMKTS:ACDVF) is expected to release its earnings data before the market opens on Friday, February 21st. Analysts expect Air Canada to post earnings of $0.18 per share and revenue of $5.14 billion for the quarter.

Air Canada (OTCMKTS:ACDVF) last announced its earnings results on Thursday, February 13th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. Air Canada had a return on equity of 82.89% and a net margin of 11.53%. On average, analysts expect Air Canada to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Air Canada Trading Up 1.4 %

Shares of OTCMKTS:ACDVF opened at $12.85 on Friday. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 2.65 and a beta of 2.10. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.89 and a current ratio of 0.92. The stock’s 50-day simple moving average is $14.95 and its two-hundred day simple moving average is $13.86. Air Canada has a 52-week low of $10.16 and a 52-week high of $18.56.

Wall Street Analysts Forecast Growth

Separately, Stifel Canada raised Air Canada from a “hold” rating to a “strong-buy” rating in a research report on Sunday, November 3rd.

About Air Canada

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.