Chorus Aviation sees $32.4 million profit in Q2, operating revenue $324.6 million
The Halifax-based company says the second-quarter figure compares with a net loss of $180.6 million a year earlier.
Operating revenue totalled $324.6 million, down from $351.2 million in the three months ended June 30.
On an adjusted basis, Chorus says it earned $17.2 million compared with $10.8 million a year earlier.
The company says its leverage ratio — net debt divided by its trailing 12-month adjusted earnings before interest, taxes, depreciation and amortization — ended the quarter at 1.5 compared with 1.4 at the end of 2024.
Chorus leases planes around the world while providing regional service for Air Canada through its Jazz Aviation subsidiary.
This report by The Canadian Press was first published Aug. 6, 2025.
Companies in this story: (TSX:CHR)
The Canadian Press
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
Equinox (EQX) Soars 24% on Highly Optimistic Outlook
We recently published . Equinox Gold Corp. (NYSEAmerican:EQX) is one of the last week's top performers. Equinox Gold soared by 23.9 percent week-on-week after posting an optimistic outlook for the second half despite a dismal earnings performance in the first half of the year. In its updated report, Equinox Gold Corp. (NYSEAmerican:EQX) said it was looking to pivot in the second half on expectations of strong production, following the completion of its acquisition of Calibre Mining Corp. 'We expect a strong second half of the year, with production on track to meet our full-year consolidated guidance of 785,000 to 915,000 ounces and anticipate continued growth in both production and cash flow into 2026,' said Equinox Gold Corp. (NYSEAmerican:EQX) CEO Darren Hall. 'Our focus is clear as we grow into a top-tier producer—operational excellence, disciplined capital allocation, and deliver on our commitments to drive debt reduction, optimize our balance sheet, and maximize returns for shareholders,' he added. In the second quarter of the year, Equinox Gold Corp. (NYSEAmerican:EQX) dropped its net income by 93 percent to $23.8 million from $353.5 million in the same period last year, despite revenues increasing by 77.6 percent to $478.6 million from $269.4 million in the same period. Copyright: tomas1111 / 123RF Stock Photo In the first half, the company swung to a net loss of $51.6 million from a $310.7 million net income in the same period last year. Revenues increased by 76.7 percent to $902.4 million from $510.8 million. While we acknowledge the potential of EQX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
14 minutes ago
- Yahoo
Best's Review Presents ‘Standing the Test of Time – 2025 Edition'
OLDWICK, N.J., August 18, 2025--(BUSINESS WIRE)--The August issue of Best's Review identifies 187 companies that have maintained their rating of A or higher for at least 50, 75 or 100 years. Topping the list are Federal Insurance Co., Hartford Fire Insurance Co. and New Hampshire Insurance Co at 118 years each. The article takes an in-depth look at some of the insurers that have reached new milestones, including 128-year-old Church Mutual Insurance Co., which joined the 75-year list this year. Read the article here. Best's Review is AM Best's monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to the complete content of Best's Review is available here. For Best's Review advertising opportunities and a complete media kit, visit AM Best Advertising Services. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Patricia Vowinkel Executive Editor, Best's Review +1 908 882 1771
Yahoo
14 minutes ago
- Yahoo
Flowers Foods Under Pressure As Analysts Point To Execution Issues, Private Label Pressure
Flowers Foods, Inc. (NYSE:FLO), a packaged bakery company, reported weaker-than-expected second-quarter sales and issued its second straight guidance cut, prompting analysts to scale back forecasts and warn of ongoing category headwinds. Truist Securities analyst Bill Chappell lowered his 12-month price forecast to $15 from $20 while reiterating a Hold rating. He reduced sales and earnings estimates through fiscal year 2027, pointing to Flowers' inconsistent execution and intensifying private label competition. Chappell argued that while branded bread demand remains a structural tailwind, the stock is likely to remain range-bound until the private label segment shows clearer direction. His revised target reflects about 14x 2026 EPS, a discount to peers trading closer to 18x, which he sees as justified by slow growth and modest margins. Also Read: DA Davidson analyst Brian Holland also struck a cautious tone, saying the back-to-back guidance cuts highlight mounting consumer and competitive pressures that innovation and acquisitions have yet to offset. He noted that the Simple Mills acquisition added leverage without delivering near-term benefits, leaving Flowers more exposed to execution risks. Holland now projects fiscal year 2025 EBITDA of $512–$538 million and sales of $5.239–$5.308 billion, both trimmed from prior forecasts. Holland argued that while the reset may help de-risk the second half, Flowers' reliance on packaged bakery leaves few quick fixes, with risks ranging from irrational pricing to M&A execution and legal liabilities. In its quarterly update, Flowers reported an adjusted EPS of 30 cents, in line with the consensus, on $1.242 billion in sales, shy of Wall Street estimates. Net income fell nearly 13%, while adjusted EBITDA declined 4%. CEO Ryals McMullian acknowledged that shifting consumer demand and macroeconomic uncertainty continue to pressure the bread category, but said cost-saving measures are being deployed to help offset the weakness. The company cut its full-year EPS outlook to $1.00–$1.10 and lowered its sales guidance to $5.021–$5.083 billion, both below Street expectations. Price Action: FLO shares are trading higher by 0.54% to $15.78 at Monday's last check. Read Next:Photo by Kritchai7752 via Shutterstock Latest Ratings for FLO Date Firm Action From To Jan 2021 Stephens & Co. Initiates Coverage On Equal-Weight May 2020 SunTrust Robinson Humphrey Maintains Hold May 2020 Deutsche Bank Maintains Hold View More Analyst Ratings for FLO View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Flowers Foods Under Pressure As Analysts Point To Execution Issues, Private Label Pressure originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
