
Air Canada AC.TO is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025
The Saint-laurent Quebec-based company is expected to report a 1.2% increase in revenue to C$5.289 billion from C$5.23 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.
LSEG's mean analyst estimate for Air Canada is for a loss of 54 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 1 "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 4.6% in the last three months.
Wall Street's median 12-month price target for Air Canada is C$23.00, above its last closing price of C$14.79.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.27 | 0.26 | 0.25 | Missed | -5.3 |
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 |
This summary was machine generated May 7 at 13:02 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)