Air Canada (ACDVF) reported quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.50. This represents a -14.00% earnings surprise compared to a year ago. The company’s revenue for June 2025 was $4.07 billion, exceeding expectations by 1.48%. Air Canada shares have risen 3.8% this year.

The stock’s performance will hinge on management’s commentary during the earnings call. Currently holding a Zacks Rank #3 (Hold), the company’s future outlook depends on earnings estimates and industry trends. Sun Country Airlines Holdings, Inc. (SNCY) is also in the same industry and is expected to report results on July 31.

Investors should consider the impact of industry outlook on Air Canada’s performance. The Zacks Rank system suggests tracking earnings estimate revisions for potential stock movement. The consensus EPS estimate for Air Canada for the upcoming quarter is $1.33. Sun Country Airlines Holdings, Inc. is expected to post earnings of $0.12 per share.

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Read more at Nasdaq: Air Canada (ACDVF) Q2 Earnings Miss Estimates