What is Cormark’s Estimate for Air Canada Q1 Earnings?

Air Canada (TSE:AC) – Analysts at Cormark dropped their Q1 2025 earnings estimates for Air Canada in a report issued on Tuesday, February 18th. Cormark analyst D. Ocampo now expects that the company will earn ($0.62) per share for the quarter, down from their prior forecast of ($0.14). The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Cormark also issued estimates for Air Canada’s Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $0.24 EPS, Q1 2026 earnings at ($0.50) EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $2.16 EPS, Q4 2026 earnings at $0.27 EPS and FY2026 earnings at $2.69 EPS.

A number of other analysts have also recently commented on the company. JPMorgan Chase & Co. upped their price objective on Air Canada from C$32.00 to C$34.00 in a research report on Monday, November 4th. ATB Capital boosted their price target on Air Canada from C$28.00 to C$31.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Jefferies Financial Group increased their price objective on shares of Air Canada from C$22.00 to C$23.00 in a research note on Monday, January 6th. Stifel Canada upgraded shares of Air Canada from a “hold” rating to a “strong-buy” rating in a research report on Sunday, November 3rd. Finally, Scotiabank increased their price target on shares of Air Canada from C$26.50 to C$29.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Air Canada presently has an average rating of “Moderate Buy” and a consensus price target of C$26.20.

Air Canada Price Performance

Shares of AC opened at C$17.22 on Thursday. The firm has a fifty day simple moving average of C$20.68 and a two-hundred day simple moving average of C$19.37. The firm has a market cap of C$6.14 billion, a PE ratio of 2.42, a P/E/G ratio of 0.02 and a beta of 2.39. The company has a current ratio of 0.92, a quick ratio of 1.06 and a debt-to-equity ratio of 400.00. Air Canada has a 1-year low of C$14.47 and a 1-year high of C$26.18.

Insider Transactions at Air Canada

In related news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the firm’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total transaction of C$130,246.80. Corporate insiders own 0.14% of the company’s stock.

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.