Air Canada (OTCMKTS:ACDVF) Posts Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Air Canada (OTCMKTS:ACDVF) announced its quarterly earnings results on Thursday. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.16, Zacks reports. Air Canada had a net margin of 1.22% and a return on equity of 18.75%. The firm had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.82 billion.

Air Canada Trading Down 7.6%

Shares of OTCMKTS ACDVF opened at $14.42 on Friday. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.56 and a current ratio of 0.60. The business’s 50 day moving average price is $18.35 and its 200-day moving average price is $16.08. Air Canada has a fifty-two week low of $12.03 and a fifty-two week high of $22.52. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 2.14 and a beta of 1.45.

Key Air Canada News

Here are the key news stories impacting Air Canada this week:

• Positive Sentiment: Air Canada reported record third-quarter operating revenue of C$6.984 billion, with total unit revenue up 14% year over year. Adjusted EBITDA reached C$936 million and operating income was C$261 million. Air Canada Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Quarterly earnings of C$0.54 per share exceeded the C$0.38 analyst consensus, while revenue also surpassed expectations. The result was broadly resilient, although earnings were slightly below the year-earlier figure of C$0.55. Air Canada Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Air Canada allocated Aeroplan proceeds toward C$1.7 billion of debt repayment and completed an C$800 million substantial issuer bid, actions that reduce leverage and shares outstanding. Air Canada Reports Third Quarter 2026 Financial Results
• Neutral Sentiment: A proposed expansion of the United Airlines–Air Canada joint venture could improve pricing power, but it is attracting regulatory scrutiny and comes as U.S.-Canada travel demand has been affected by trade tensions. United-Air Canada Joint Venture
• Negative Sentiment: Air Canada cut its 2026 adjusted EBITDA forecast to C$2.4 billion–C$2.7 billion from C$2.9 billion–C$3.2 billion. Management said fuel expenses are rising faster than fare increases, forcing investors to lower near-term profit expectations. Air Canada Cuts 2026 Core Profit Forecast

Analyst Upgrades and Downgrades

ACDVF has been the topic of a number of recent research reports. Jefferies Financial Group downgraded Air Canada from a “hold” rating to an “underperform” rating in a research report on Monday, October 19th. Scotiabank restated an “outperform” rating on shares of Air Canada in a research report on Thursday, October 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Air Canada in a research note on Thursday, August 13th. BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 12th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Air Canada in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Air Canada

Air Canada is Canada’s flag carrier and the country’s largest airline. The company provides scheduled passenger air transportation to destinations across Canada, the United States and international markets. Its network serves major regions in Europe, Asia-Pacific, Latin America, the Caribbean and other global destinations.

In addition to its mainline operations, Air Canada operates Air Canada Rouge, a leisure-focused carrier, and Air Canada Cargo, which provides air freight services. The company also offers vacation packages through Air Canada Vacations and operates Aeroplan, its travel loyalty program.