- Entry
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- Now
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- Target
- $44.00
- Score
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Positions: https://preview.redd.it/ynqr0i80j5je1.png?width=2540&format=png&auto=webp&s=abc925b48b084ed2d9cc89a34dadc488add3faa6 Air Canada (AC.TO) released earnings yesterday. Revenue increased more than anticipated, and EPS was just as with projections. They were able to perform in-line with the bullish guidance that they'd provided earlier in the year, and announced a buyback of 10% of shares later this year. This company recently resolved a strike threat from its pilots, and are more profitable than they were a year ago. Presently, Air Canada has a valuation of $6.3B. Based on market cap …
— ORIGINAL POST ·
$350k Bet on a Foreign Airline - The Bull Case for Air Canada
· r/wallstreetbets
· Feb 14, 2025