Believes Recruitment of a Proven CEO with Verifiable Track Record of Value Creation is Critical to Unlocking CAE's Long-Term Potential Board Should Engage with Browning West on Recruitment Process to Find Best Possible Candidate Browning West Seeks to Meet with the Board as Soon as Possible to Share its Perspectives LOS ANGELES, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Browning West, LP (together with its affiliates, "Browning West" or "we"), which has a substantial investment in CAE Inc. (NYSE:CAE) (TSX:CAE) ("CA ...

MONTREAL, Dec. 12, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE announced it has surpassed the one-million-dollar mark in its 2024 CAE-Centraide (United Way) campaign for the sixth consecutive year, raising $1,131,166 CAD through employee donations, fundraising activities, and a corporate donation."For over two decades, CAE employees, our union, and other partners in Canada have gone above and beyond for our Centraide campaign, and I cannot thank them enough for their extraordinary generosity and commitme ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.I have been covering CAE Inc. (NYSE: CAE ) (TSX: CAE:CA ) since May 2023, and I was bullish on the stock with a buy rating. When I assign a buy rating to a stock, I am looking for market outperforming returns. However, forDhierin runs the investing ...

CAE Inc. (NYSE:CAE) Q2 2025 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Andrew Arnovitz - Senior Vice President, Investor Relations and Enterprise Risk Management Marc Parent - President and Chief Executive Officer Constantino Malatesta - Interim Chief Financial Officer Nick Leontidis - Chief Operating Officer Conference Call Participants Kevin Chiang - CIBC Sheila Kahyaoglu - Jefferies Fadi Chamoun - BMO Capital Markets James McGarragle - RBC Capital Markets Matthew Lee - Can ...

For the quarter ended September 2024, CAE (CAE) reported revenue of $833.2 million, up 2.7% over the same period last year. EPS came in at $0.18, compared to $0.20 in the year-ago quarter.The reported revenue represents a surprise of +5.85% over the Zacks Consensus Estimate of $787.16 million. With the consensus EPS estimate being $0.13, the EPS surprise was +38.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...

CAE (CAE) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.46%. A quarter ago, it was expected that this civil and military flight simulator company would post earnings of $0.15 per share when it actually produced earnings of $0.15, delivering no surprise.Over the last four quarters ...

MONTREAL, Nov. 12, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE announced today that after 20 years at CAE, including 15 as President and Chief Executive Officer, and after spearheading the making of CAE as a global leader in training for civil aviation and defence and security forces, Marc Parent will be leaving the company at next year's Annual General Meeting in August 2025, as part of an ongoing succession plan. Until this time, Mr. Parent will continue to lead CAE in his role as CEO and as a member o ...

Revenue of $1,136.6 million vs. $1,050.0 million in prior year Earnings per share (EPS) from continuing operations of $0.16 vs. $0.17 in prior year Adjusted EPS(1) of $0.24 vs. $0.26 in prior year Operating income of $118.1 million vs. $97.7 million in prior year Adjusted segment operating income(1) of $149.0 million vs. $135.6 million in prior year Free cash flow(1) of $140.0 million vs. $147.4 million in prior year Adjusted order intake(1) of $3.0 billion for a record $18.0 billion adjusted backlog(1)   ...

Dublin, Nov. 11, 2024 (GLOBE NEWSWIRE) -- The "Military Simulators and Training Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's offering. The Military Simulation and Training Market size is estimated at USD 12.94 billion in 2024, and is expected to reach USD 16.71 billion by 2029, growing at a CAGR of 5.24% during the forecast period (2024-2029). The continued growth in global defense spending combined with the increased need for skill ...

Wall Street analysts forecast that CAE (CAE) will report quarterly earnings of $0.13 per share in its upcoming release, pointing to a year-over-year decline of 35%. It is anticipated that revenues will amount to $787.16 million, exhibiting a decline of 3% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 3.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates duri ...