New Horizon Aircraft Ltd reports results for the quarter ended August 31 - Earnings Summary

New Horizon Aircraft

09/10/2026 14:31

New Horizon Aircraft Ltd HOVR.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of -29 cents.  The mean expectation of three analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -15 cents to -11 cents per share.
Reported revenue was zero​; analysts expected zero. 
New Horizon Aircraft Ltd's reported EPS for the quarter was a loss of 6 cents​.
The company reported a quarterly loss of C$4.07 million.
New Horizon Aircraft Ltd shares had fallen by 10.0% this quarter and gained 4.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 22.7% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy" 
Wall Street's median 12-month price target for New Horizon Aircraft Ltd is $3.37, about 54.6% above its last closing price of $1.53
This summary was machine generated from LSEG data October 9 at 01:31 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
Aug. 31 2026 
-0.13
-0.06
Beat
May. 31 2026 
-0.17
-0.13
Beat
Feb. 28 2026 
-0.12
-0.16
Missed
Nov. 30 2025 
-0.13
-0.21
Missed