As Air Canada prepares to announce its latest earnings, investors are closely watching to see if the airline can keep its positive momentum amid changing market conditions.
Recent earnings trend
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Air Canada
AC.TO
AC.TO
Air Canada
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Market cap
$7.63B
P/E
11.0x
52W high
$26.77
52W low
$16.45
1W change
+4.77%
Beta
1.65
Analyst Price Targets
Based on analyst covering AC
Wall Street analysts forecast AC stock price to fall 0.2% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$26.53
-0.2% Upside
Current Price
C$26.58
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AC's historical volatility
30-Day Vol
36.5%
Annualized
90-Day Vol
35.3%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$31.78
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$28.21 | C$24.87 – C$32.00 |
| 60 trading days | C$29.94 | C$25.06 – C$35.78 |
| 90 trading days | C$31.78 | C$25.55 – C$39.52 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 11 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-11 | — | 0.1400 | — |
| 2026-03-31 | 2026-05-07 | -0.0500 | -0.4400 | +88.6% |
| 2025-12-31 | 2026-02-12 | 0.6500 | 0.3000 | +116.7% |
| 2025-09-30 | 2025-11-04 | 0.7500 | 0.7900 | -5.1% |
| 2025-06-30 | 2025-07-28 | 0.6000 | 0.7000 | -14.3% |
| 2025-03-31 | 2025-05-08 | -0.4500 | -0.5400 | +16.7% |
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Air Canada (AC.TO) will report its Q2 earnings on August 11, 2026, after the market closes. With the airline industry still recovering from the pandemic's impact, investors are eager to find out if Air Canada can deliver another positive earnings surprise. The consensus EPS estimate is $0.14, a significant drop from last year's $0.60. This preview will cover the timing of the earnings report, what investors should look for, and the broader context surrounding Air Canada.
Investor takeaway: Keep an eye on Air Canada's upcoming earnings report for insights into the airline's performance and future outlook, especially as it navigates a competitive landscape and works to recover from past losses.
Air Canada's EPS Estimate Sees Significant Decline
The current EPS consensus of $0.14 shows a staggering 70.8% decline year-over-year, highlighting the ongoing challenges in the airline sector.
Bull case
Air Canada has demonstrated resilience in previous quarters, beating expectations in 2 out of the last 4 quarters. If the airline can take advantage of increased travel demand and manage its costs effectively, it might surprise analysts with better-than-expected results.
Bear case
On the flip side, the consensus EPS estimate has been significantly revised down from $0.51 a month ago to $0.18, indicating a cautious outlook among analysts. If Air Canada fails to meet even this lowered expectation, it could raise concerns about its ongoing recovery.
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
