Air Canada (ACDVF) Projected to Post Quarterly Earnings on Friday

Air Canada (OTCMKTS:ACDVF) is expected to release its results before the market opens on Friday, February 13th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $5.5571 billion for the quarter.

Air Canada Price Performance

Shares of OTCMKTS:ACDVF opened at $14.36 on Thursday. The company has a market capitalization of $4.21 billion, a P/E ratio of -25.64 and a beta of 1.44. Air Canada has a 1-year low of $8.56 and a 1-year high of $17.25. The firm’s 50 day simple moving average is $14.13 and its two-hundred day simple moving average is $13.72. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.59 and a quick ratio of 0.56.

Analyst Ratings Changes

A number of brokerages have issued reports on ACDVF. UBS Group upgraded Air Canada to a “hold” rating in a research note on Tuesday, November 18th. Scotiabank reiterated an “outperform” rating on shares of Air Canada in a research report on Wednesday, January 21st. Finally, Zacks Research raised Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Air Canada has an average rating of “Hold”.

Air Canada Company Profile

Air Canada is the largest airline in Canada and one of the leading carriers in North America. Founded in 1937 as Trans-Canada Air Lines and rebranded as Air Canada in 1965, the company operates scheduled passenger and cargo services on six continents. The airline maintains membership in the Star Alliance network, offering seamless connections and coordinated loyalty benefits to travelers worldwide.

Through its mainline operations and subsidiaries—including Air Canada Rouge, Air Canada Cargo and Air Canada Vacations—the company provides a broad range of services.