Why CAE (CAE) Could Beat Earnings Estimates Again

Group 1 - CAE has a strong track record of exceeding earnings estimates, with an average surprise of 21.73% over the past two quarters [1][5] - In the most recent quarter, CAE reported earnings of $0.21 per share, surpassing the expected $0.20 per share by 5%, and in the previous quarter, it reported $0.18 per share against an expectation of $0.13 per share, resulting in a surprise of 38.46% [2] - The positive change in earnings estimates for CAE is indicated by a Zacks Earnings ESP of +4.91%, suggesting analysts are optimistic about the company's earnings prospects [8] Group 2 - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of CAE beating earnings estimates, with historical data showing nearly 70% success in such cases [6][8] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, indicating that recent analyst revisions may provide more accurate predictions [7] - CAE's next earnings report is anticipated to be released on May 13, 2025, which could further influence investor sentiment [8]