Chorus Aviation Q3 adjusted net income beats analyst expectations

Chorus Aviation

06/11/2025 22:22

Overview

Chorus Q3 adjusted net income beats analyst expectations

Adjusted EBITDA for Q3 exceeds analyst estimates

Company announces $50 mln share repurchase plan and aircraft sales

Outlook

Voyageur expects 2025 revenue between C$140.0 mln and C$145.0 mln

Chorus forecasts 2025 capital expenditures of C$32.5 mln to C$47.5 mln

Result Drivers

FOREIGN EXCHANGE LOSSES - Net income impacted by C$12.8 mln in unrealized foreign exchange losses

LOWER INTEREST EXPENSE - Adjusted earnings rose due to C$5.7 mln decrease in net interest costs

STRATEGIC SHIFT - Voyageur division focusing on higher-margin sectors like defense and parts sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Operating Revenue
C$323.57 mln
Q3 Adjusted Net Income
Beat
C$15.37 mln
C$15.10 mln (4 Analysts)
Q3 Net Income
C$10.67 mln
Q3 Adjusted EBITDA
Beat
C$51.57 mln
C$51 mln (4 Analysts)
Q3 Operating Expenses
C$298.72 mln
Q3 Operating Income
C$24.85 mln
Q3 Pretax Profit
C$16.48 mln


Press Release: ID:nCNWtLDNNa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)