CAE (CAE) reported $804.01 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 7%. EPS of $0.18 for the same period compares to $0.21 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $807.13 million, representing a surprise of -0.39%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

CAE (CAE) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.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 $0.20, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.CAE, whi ...

CAE (CAE) closed the last trading session at $20.92, gaining 0.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $26.18 indicates a 25.1% upside potential.The mean estimate comprises 12 short-term price targets with a standard deviation of $3.01. While the lowest estimate of $19 indicates a 9.2% decline from the current price level, the most optimistic analyst expects the stock to ...

Revenue of $1,094.5 million vs. $969.9 million in prior year Earnings per share (EPS) from continuing operations of $0.18 vs. $0.24 in prior year Adjusted EPS(1) of $0.24 vs. $0.27 in prior year Operating income of $121.6 million vs. $142.1 million in prior year Adjusted segment operating income(1) of $145.1 million vs. $156.8 million in prior year Adjusted order intake(1) of $1,273.9 million for an $11.7 billion adjusted backlog(1)  Net debt-to-adjusted EBITDA(1) of 3.16x vs. 3.25x at the end of the prec ...

Non-IFRS financial measure, non-IFRS ratio, capital management measure, or supplementary financial measure. Refer to Section 11 "Non-IFRS and other financial measures and supplementary non-financial information" of this MD&A for the definitions and reconciliation of these measures to the most directly comparable measure under IFRS. The net income (loss) and other comprehensive income (loss) from discontinued operations are as follows: CAE Third Quarter Report 2024 I 19 We operate in several industry segment ...

MONTREAL, Feb. 8, 2024 /PRNewswire/ - (NYSE: CAE; TSX: CAE) – CAE will release its fiscal year 2024 third quarter results on Wednesday, February 14, 2024. A conference call will be held on the same day at 2 p.m. Eastern Time (ET) to provide analysts and institutional investors with a review of CAE's performance and outlook. Marc Parent, CAE's President and Chief Executive Officer, Sonya Branco, CAE's Executive Vice President, Finance and Chief Financial Officer, and Andrew Arnovitz, CAE's Senior Vice Presid ...

CAE (CAE) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 14, 2024, might help the stock move higher if these key numbers are better than expecta ...

The fourth-quarter reporting cycle for defense stocks, which are housed within the broader Zacks Aerospace sector, has already started with a handful of major defense contractors like Lockheed Martin, General Dynamics, Northrop Grumman and Textron having delivered better-than-expected earnings. Looking ahead, as geopolitical instability continues to prevail across the world, compelling nations to safeguard their borders through added defense spending, the fourth-quarter results of the remaining defense majo ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering CAE (CAE) , which belongs to the Zacks Aerospace - Defense Equipment industry.This civil and military flight simulator company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 26.67%.For the last reported quarter, CAE came out with ...

Andrew Arnovitz - SVP, IR & Enterprise Risk Management Fadi Chamoun - BMO Capital Markets Kevin Chiang - CIBC Benoit Poirier - Desjardins Capital Markets. Andrew Arnovitz On the call with me this afternoon are Marc Parent, CAE's President and Chief Executive Officer; and Sonya Branco, our Chief Financial Officer. After remarks from Marc and Sonya, we'll open the call to questions from financial analysts. And at the end of that segment, we'll open the line to members of the media, should there be any questio ...