Air Canada (ACDVF) Scheduled to Post Earnings on Friday

Air Canada (OTCMKTS:ACDVF – Get Free Report) will post its quarterly earnings results on Friday, August 11th.

Air Canada (OTCMKTS:ACDVF – Get Free Report) last released its quarterly earnings data on Friday, May 12th. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.29). The firm had revenue of $3.61 billion during the quarter. On average, analysts expect Air Canada to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

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Air Canada Price Performance

Shares of ACDVF stock opened at $16.85 on Thursday. The business has a 50-day moving average of $18.01 and a 200 day moving average of $16.08. Air Canada has a 1-year low of $11.86 and a 1-year high of $19.80. The stock has a market capitalization of $6.04 billion, a PE ratio of -8.18 and a beta of 1.95.

Analyst Ratings Changes

Several analysts recently issued reports on ACDVF shares. Scotiabank raised their target price on Air Canada to C$31.00 in a research note on Monday, May 15th. Citigroup lifted their target price on shares of Air Canada from C$26.00 to C$30.00 in a research note on Tuesday, July 11th. National Bank Financial increased their price target on shares of Air Canada from C$29.00 to C$32.00 in a research note on Monday, May 8th. BMO Capital Markets increased their target price on Air Canada from C$29.00 to C$33.00 in a research report on Friday, May 5th. Finally, CIBC lifted their price target on Air Canada from C$30.00 to C$31.00 in a research report on Friday, May 5th.

Read Our Latest Stock Analysis on ACDVF

Air Canada Company Profile

(Get Free Report)

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.

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