Air Canada decided to introduce carry-on baggage fees for some customers to stay competitive with changing market forces in the country, a company executive told a parliamentary committee on Friday.
Does Air Canada (ACDVF) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Air Canada (ACDVF) and Dynagas LNG (DLNG) have performed compared to their sector so far this year.
Air Canada (ACDVF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Air Canada (ACDVF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Air Canada (ACDVF) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Investors should monitor stocks like Air Canada, DXC Technology, Cracker Barrel, Sally Beauty and Deluxe for high returns.
Air Canada (ACDVF) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ACDVF's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
Air Canada (OTCQX:ACDVF) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Valerie Durand - Head, Investor Relations and Corporate Sustainability Michael Rousseau - President and Chief Executive Officer Mark Galardo - EVP, Revenue and Network Planning and President, Cargo John Di Bert - Executive Vice President and Chief Financial Officer Conference Call Participants Kevin Chiang - CIBC Savi Syth - Raymond James Chris Murray - ATB Capital Konark Gupta - Scotiabank Jamie Becker - JPMorgan Steve Trent - Citi Cameron Doerksen - National Bank Financial James McGarragle - RBC Capital Markets Andrew Didora - Bank of America Sheila Kahyaoglu - Jefferies Operator Hello and welcome to Air Canada's Third Quarter 2024 Results Conference Call. All participants are in a listen-only mode.
Air Canada (TSX:AC.B) shares took flight after the airline posted better-than-expected profits and revenue for the third quarter. Earnings per share (EPS) of $2.57 were down from $3.41 in the year-ago quarter but more than double the $1.18 expected by analysts.
Air Canada (ACDVF) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $2.54 per share a year ago.