CAE (CAE) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Insights - Wall Street analysts expect CAE to report quarterly earnings of $0.14 per share, reflecting a year-over-year decline of 22.2% [1] - Revenue projections stand at $823.11 million, down 1.2% from the same quarter last year [1] - The consensus EPS estimate has been adjusted downward by 0.8% over the past 30 days, indicating a reassessment by analysts [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions to the stock [2] - Empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [2] Key Metrics Analysis - Analysts project 'Civil Aviation - Simulator equivalent unit (SEU)' to reach 300, up from 276 in the same quarter last year [4] - 'Civil Aviation - FFS deliveries' are estimated at 13, down from 18 in the same quarter last year [4] - The 'Civil Aviation - Utilization rate' is forecasted at 68.7%, compared to 70.0% in the same quarter last year [5] - 'Civil Aviation - FFSs in CAE's network' is expected to be 369, up from 355 in the same quarter last year [5] Stock Performance - Over the past month, CAE shares have recorded a return of -3.8%, while the Zacks S&P 500 composite has increased by 1.3% [5] - CAE holds a Zacks Rank 4 (Sell), suggesting it may underperform the overall market in the near term [5]