Air Canada Third-Quarter Adjusted Earnings Beat Estimates

04:51 PM EDT, 10/29/2026 (MT Newswires) -- Air Canada (AC.TO) said Thursday after trade that adjusted net earnings of CA$0.75 per share was unchanged from the previous corresponding quarter. The result beat the consensus analyst estimate of CA$0.48 per share, according to FactSet. Quarterly revenue rose 21% to CA$6.98 billion, from CA$5.77 billion, over the same period. Analysts polled had expected CA$6.87 billion. Air Canada also said the Toronto Stock Exchange has accepted its notice of intention to buy back up to 25.2 million of its shares from Nov. 9, for one year. The company purchased 16.3-million shares out of the 29.6-million allowed under its previous share buyback program, which ends on Nov. 6. Air Canada shares closed up CA$0.05 at CA$21.87 on the Toronto Stock Exchange.