Chorus Aviation Future Growth

Future criteria checks 3/6

Chorus Aviation's revenue is forecast to decline at 3.2% per annum while its annual earnings are expected to grow at 24.2% per year. EPS is expected to grow by 29.5% per annum. Return on equity is forecast to be 8.5% in 3 years.

Key information

24.2%

Earnings growth rate

29.5%

EPS growth rate

Airlines earnings growth	15.2%
Revenue growth rate	-3.2%
Future return on equity	8.5%
Analyst coverage	Good
Last updated	10 May 2024

Recent future growth updates

Analyst Estimates: Here's What Brokers Think Of Chorus Aviation Inc. (TSE:CHR) After Its Yearly Report

Feb 25

Recent updates

Chorus Aviation's (TSE:CHR) Earnings May Just Be The Starting Point

May 13

Analyst Estimates: Here's What Brokers Think Of Chorus Aviation Inc. (TSE:CHR) After Its Yearly Report

Feb 25

Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

Jan 10

Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

Sep 29

These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

Feb 04

These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

Aug 14

Chorus Aviation Inc.'s (TSE:CHR) CEO Might Not Expect Shareholders To Be So Generous This Year

Jun 15

Chorus Aviation Inc. (TSE:CHR) Delivered A Weaker ROE Than Its Industry

Mar 13

Here's Why Chorus Aviation (TSE:CHR) Is Weighed Down By Its Debt Load

Feb 20

Are Chorus Aviation's (TSE:CHR) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 29

Returns On Capital At Chorus Aviation (TSE:CHR) Paint An Interesting Picture

Jan 07

A Look At Chorus Aviation's (TSE:CHR) Share Price Returns

Dec 17

Earnings and Revenue Growth Forecasts

TSX:CHR - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,541	N/A	189	252	4
12/31/2025	1,613	65	373	279	8
12/31/2024	1,651	48	347	282	8
3/31/2024	1,692	43	273	325	N/A
12/31/2023	1,681	66	257	300	N/A
9/30/2023	1,699	77	305	360	N/A
6/30/2023	1,673	82	240	289	N/A
3/31/2023	1,669	26	246	305	N/A
12/31/2022	1,596	26	217	280	N/A
9/30/2022	1,503	0	191	247	N/A
6/30/2022	1,356	-27	177	237	N/A
3/31/2022	1,163	41	139	188	N/A
12/31/2021	1,023	-20	110	185	N/A
9/30/2021	895	-21	-92	193	N/A
6/30/2021	817	13	-160	189	N/A
3/31/2021	801	21	-287	146	N/A
12/31/2020	949	41	-249	157	N/A
9/30/2020	1,069	69	-307	189	N/A
6/30/2020	1,224	73	-487	175	N/A
3/31/2020	1,373	82	-460	261	N/A
12/31/2019	1,366	133	-614	262	N/A
9/30/2019	1,362	99	-497	233	N/A
6/30/2019	1,352	118	-308	249	N/A
3/31/2019	1,373	96	-167	253	N/A
12/31/2018	1,353	67	-87	239	N/A
9/30/2018	1,376	85	-69	213	N/A
6/30/2018	1,377	121	-131	274	N/A
3/31/2018	1,356	146	-357	269	N/A
12/31/2017	1,352	167	N/A	268	N/A
9/30/2017	1,311	160	N/A	286	N/A
6/30/2017	1,299	101	N/A	215	N/A
3/31/2017	1,276	83	N/A	204	N/A
12/31/2016	1,277	112	N/A	191	N/A
9/30/2016	1,319	112	N/A	171	N/A
6/30/2016	1,400	98	N/A	146	N/A
3/31/2016	1,490	106	N/A	135	N/A
12/31/2015	1,545	25	N/A	139	N/A
9/30/2015	1,589	24	N/A	154	N/A
6/30/2015	1,609	29	N/A	169	N/A
3/31/2015	1,627	34	N/A	181	N/A
12/31/2014	1,666	65	N/A	203	N/A
9/30/2014	1,678	62	N/A	186	N/A
6/30/2014	1,678	87	N/A	173	N/A
3/31/2014	1,670	58	N/A	173	N/A
12/31/2013	1,672	62	N/A	161	N/A
9/30/2013	1,671	68	N/A	138	N/A
6/30/2013	1,674	68	N/A	165	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHR's forecast earnings growth (24.2% per year) is above the savings rate (2.1%).

Earnings vs Market: CHR's earnings (24.2% per year) are forecast to grow faster than the Canadian market (13.7% per year).

High Growth Earnings: CHR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CHR's revenue is expected to decline over the next 3 years (-3.2% per year).

High Growth Revenue: CHR's revenue is forecast to decline over the next 3 years (-3.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CHR's Return on Equity is forecast to be low in 3 years time (8.5%).

Chorus Aviation Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 17%, revenue upgraded

Consensus EPS estimates fall by 11%

Price target decreased by 10% to CA$3.29

Analyst Estimates: Here's What Brokers Think Of Chorus Aviation Inc. (TSE:CHR) After Its Yearly Report

Consensus EPS estimates fall by 16%, revenue upgraded

Chorus Aviation Inc. Provides Unaudited Consolidated Earnings Guidance for the Year Ending December 31, 2023

Recent updates

Chorus Aviation's (TSE:CHR) Earnings May Just Be The Starting Point

Consensus EPS estimates fall by 17%, revenue upgraded

First quarter 2024 earnings: Revenues exceed analyst expectations

Chorus Aviation Inc., Annual General Meeting, Jun 26, 2024

Chorus Aviation Inc. to Report Q3, 2024 Results on Nov 06, 2024

Consensus EPS estimates fall by 11%

Price target decreased by 10% to CA$3.29

Analyst Estimates: Here's What Brokers Think Of Chorus Aviation Inc. (TSE:CHR) After Its Yearly Report

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: CA$0.34 (vs CA$0.13 in FY 2022)

New major risk - Revenue and earnings growth

Consensus EPS estimates fall by 16%, revenue upgraded

Third quarter 2023 earnings released: EPS: CA$0.04 (vs CA$0.064 in 3Q 2022)

Chorus Aviation Inc. Provides Unaudited Consolidated Earnings Guidance for the Year Ending December 31, 2023

Price target decreased by 7.5% to CA$4.04

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Independent Director recently bought CA$99k worth of stock

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Chorus Aviation Inc. Provides Earnings Guidance for the Year Ending December 31, 2023

Independent Director recently bought CA$96k worth of stock

President exercised options to buy CA$139k worth of stock.

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Chorus Aviation Inc. Provides Earnings Guidance for the Year Ending December 31, 2023

Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

High number of new directors

Third quarter 2022 earnings: EPS exceeds analyst expectations

Chorus Aviation Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022

Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

Chorus Aviation Inc. Announces President Succession

Price target decreased to CA$5.13

Second quarter 2022 earnings: EPS misses analyst expectations

Investor sentiment deteriorated over the past week

High number of new directors

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Chorus Aviation Inc. Announces Board Changes

Chorus Aviation Inc., Annual General Meeting, Jun 27, 2022

President of Chorus Aviation Capital exercised options to buy CA$78k worth of stock.

Price target increased to CA$5.71

Chorus Aviation Inc. announced that it expects to receive $373.988574 million in funding from Brookfield Asset Management Inc.

Chorus Aviation Inc. to Report Q3, 2022 Results on Nov 09, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

Third quarter 2021 earnings released

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target decreased to CA$5.13

Consensus EPS estimates fall to CA$0.085

These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

Second quarter 2021 earnings released

High number of new directors

Independent Director Richard McCoy has left the company

Independent Director Margaret Clandillon has left the company

Consensus forecasts updated

Chorus Aviation Inc.'s (TSE:CHR) CEO Might Not Expect Shareholders To Be So Generous This Year

Insider recently sold CA$88k worth of stock

Consensus EPS estimates fall to CA$0.087

First quarter 2021 earnings released

Consensus forecasts updated

Consensus forecasts updated

Chorus Aviation Inc. announced that it has received CAD 30.000002 million in funding from Alberta Investment Management Corporation, NordStar Capital LP

Consensus forecasts updated

Chorus Aviation Inc. announced that it expects to receive CAD 30.000002 million in funding from Alberta Investment Management Corporation, NordStar Capital LP

Chorus Aviation Inc. (TSE:CHR) Delivered A Weaker ROE Than Its Industry

Investor sentiment improved over the past week

New 90-day high: CA$4.91

Price target raised to CA$5.28

Analysts lower EPS estimates to CA$0.29

Chorus Aviation Inc., Annual General Meeting, May 13, 2021