tradingkey.logo

Air Canada <AC.TO> expected to post earnings of 26 cents a share - Earnings Preview

ReutersFeb 12, 2025 1:39 PM
  • Air Canada AC.TO is expected to show a fall in quarterly revenue when it reports results on February 14 for the period ending December 31 2024

  • The Saint-laurent Quebec-based company is expected to report a 0.8% decrease in revenue to C$5.133 billion from C$5.18 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Air Canada is for earnings of 26 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Air Canada is C$27.00​, above​ its last closing price of C$18.04. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.60

1.58

2.57

Beat

63.1

Jun. 30 2024

0.86

0.92

0.98

Beat

6.9

Mar. 31 2024

-0.10

-0.07

-0.27

Missed

-266.9​

Dec. 31 2023

-0.03

-0.04

-0.12

Missed

-236.4

​​Sep. 30 2023

2.14

2.15

3.41

Beat

58.4

Jun. 30 2023

0.77

0.68

1.85

Beat

173​

Mar. 31 2023

-0.80

-0.74

-0.53

Beat

28.4

Dec. 31 2022

-0.28

-0.21

-0.61

Missed

-194.7

This summary was machine generated February 12 at 13:39 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI