Air Canada reports results for the quarter ended June 30 - Earnings Summary

Air Canada

11/08/2026 23:31

Air Canada AC.TO reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 60 cents.  The mean expectation of fourteen analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from -3 cents to 25 cents per share.
Revenue rose 11.3% to C$6.27 billion from a year ago; analysts expected C$6.17 billion. 
Air Canada's reported EPS for the quarter was a loss of 63 cents​.
The company reported a quarterly loss of C$178 million.
Air Canada shares had risen by 4.1% this quarter and gained 33.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 125.5% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the airlines peer group is also "buy" 
Wall Street's median 12-month price target for Air Canada is C$28.00, about 2.6% above its last closing price of C$27.27
This summary was machine generated from LSEG data August 11 at 10:31 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.13
0.40
Beat
Mar. 31 2026 
-0.45
-0.05
Beat
Dec. 31 2025 
0.27
0.65
Beat
Sep. 30 2025 
0.95
0.75
Missed