Air Canada (ACDVF) to Release Quarterly Earnings on Friday

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

Air Canada (OTCMKTS:ACDVF) last issued its earnings results on Thursday, February 13th. The company reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. Air Canada had a return on equity of 80.37% and a net margin of 7.82%. On average, analysts expect Air Canada to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Air Canada Trading Down 0.5 %

OTCMKTS ACDVF opened at $12.24 on Thursday. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 3.77 and a beta of 2.10. Air Canada has a 52 week low of $10.16 and a 52 week high of $18.56. The business has a 50 day moving average price of $14.40 and a 200-day moving average price of $13.90. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 3.47.

Analyst Ratings Changes

Separately, Stifel Canada upgraded shares of Air Canada from a “hold” rating to a “strong-buy” rating in a research note 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.