Q: Good day,
Please comment on the Earnings today and is it a buy at this price.
Thanks,
George
Please comment on the Earnings today and is it a buy at this price.
Thanks,
George
5i Research Answer:
AC reported EPS of $0.75 vs $0.95 expected and revenue of $5.77 bln vs $5.83 bln expected. The compay is optimistic on booking trends heading into Q1 of 2026. Traffic was down a bit and labour disruptions impacted results. The company has a share repurchase program ongoing which should help support the shares as well. We think it is 'fine' but not really a name we would be eager to own.