12:03 PM EST, 02/14/2025 (MT Newswires) -- (Updates shares.)
Air Canada ( ACDVF ) late on Thursday said it swung to a profit in the fourth quarter.
The airline reported its adjusted profit, excluding most one-time items, came in at $93 million, or $0.25 per share, compared with a loss of $44 million, or $0.12, in the year-prior quarter.
Operating revenue climbed to $5.4 billion from $5.18 billion.
Air Canada ( ACDVF ) maintained its guidance for the full year 2025, forecasting adjusted EBITDA of $3.4 billion to $3.8 billion.
The company's shares were last seen down $0.56 to $17.66 on the Toronto Stock Exchange.
Price: 17.66, Change: -0.56, Percent Change: -3.07