For the year, consolidated revenue was up 7% at $4.3 billion. Adjusted segment operating income was up 2% to $549.7 million and annual adjusted net income was $276.8 million, or $0.87 per share, which is stable compared to $0.87 last year. Excluding legacy contracts, adjusted segment operating income was up 19% to $640 million and annual net adjusted net income was $355.3 million or $1.12 per share, which is up 29% compared to last year. With the closing of the sale of our Healthcare business, net income fr ...

CAE (CAE) reported $835.47 million in revenue for the quarter ended March 2024, representing a year-overyear decline of 10.1%. EPS of $0.09 for the same period compares to $0.26 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $863.18 million, representing a surprise of -3.21%. The company delivered an EPS surprise of -64.00%, with the consensus EPS estimate being $0.25. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

When CAE Inc. and its subsidiaries have a long-term intercompany balance receivable from or payable to a foreign operation for which settlement is not planned in the foreseeable future, such item is considered, in substance, a part of the Company's net investment in that foreign operation. Gains or losses arising from the translation of those intercompany balances denominated in foreign currencies are also included in OCI. | --- | --- | --- | |--------------------------------|------------------------------- ...

Consolidated results Financials unchanged from previously disclosed preliminary results MONTREAL, May 27, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) - CAE Inc. (CAE or the Company) today reported its financial report for the fiscal year ended March 31, 2024. Financial results are unchanged from preliminary data that CAE disclosed on May 21, 2024, including the re-baselining of the Defense & Security business along with Defense & Security impairments and unfavourable contract adjustments related to eight pre ...

MONTREAL, May 27, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE Inc. today announced that it has received regulatory approval to proceed with its previously-announced normal course issuer bid ("NCIB") to purchase, for cancellation, up to 15,932,187 of its common shares commencing May 30, 2024 and ending May 29, 2025. The average daily trading volume of CAE's common shares through the facilities of the TSX over the last six completed calendar months was 605,257 ("ADTV"). Accordingly, under the TSX Rules a ...

Analysts on Wall Street project that CAE (CAE) will announce quarterly earnings of $0.25 per share in its forthcoming report, representing a decline of 3.9% year over year. Revenues are projected to reach $863.18 million, declining 7.1% from the same quarter last year. The consensus EPS estimate for the quarter has undergone a downward revision of 4.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during ...

MONTREAL, May 23, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE will release its fourth quarter and full-year FY2024 financial results on Monday, May 27, 2024, after market close. A conference call will be held on Tuesday, May 28, 2024, at 8 a.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, Nick Leontidis, CAE's Chief Operating Officer, Sonya Branco, CAE's Executive Vice Presiden ...

As a result, CAE's stock price declined over 13% at open on May 22, 2024. BFA is investigating whether CAE and certain of its executives made materially false and/or misleading statements to investors related to the legacy contracts and/or its defense business. Click here https://www.bfalaw.com/cases/cae-inc-investigation for more details. What Can You Do? If you invested in CAE, Inc. you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency ...

Wall Street expects a year-over-year increase in earnings on higher revenues when CAE (CAE) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move ...

MONTREAL, May 21, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) - CAE Inc. (CAE or the Company) today announced a re-baselining of its Defense business along with Defense impairments and unfavourable contract adjustments related to eight previously identified fixed-price legacy contracts (the Legacy Contracts). CAE also announced the appointment of Nick Leontidis to the new position of Chief Operating Officer (COO) as part of a senior leadership reorganization to further strengthen its execution capabilities a ...