Air Canada Q2 Adj. EPS $0.40 Beats $0.13 Estimate, Sales $6.266B Beat $6.173B Estimate

Air Canada (TSX:AC) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.13 by 207.69 percent. This is a 33.33 percent decrease over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $6.266 billion which beat the analyst consensus estimate of $6.173 billion by 1.50 percent. This is a 11.26 percent increase over sales of $5.632 billion the same period last year.