CAE Inc expected to post earnings of 26 cents a share - Earnings Preview

Cae

12/02/2024 13:33

* CAE Inc  CAE.TO   is expected to show a rise in quarterly
revenue when it reports  results on February 14 for the period
ending December 31 2023
    * The Saint-laurent Quebec-based  company is expected to
report a
8.5% increase in revenue to C$1.107 billion from C$1.02 billion
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for CAE Inc is for earnings
of 26
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CAE Inc is
C$36.00​, above​ its last closing price of C$28.36. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.20        0.20       0.27      Beat    32.8
 Jun. 30 2023  0.20        0.21       0.24      Beat    15.8
 Mar. 31 2023  0.35        0.34       0.35      Beat    3.2​
 Dec. 31 2022  0.25        0.24       0.28      Beat    14.7
 ​​Sep.        0.16        0.17       0.19      Beat    11.2
 30 2022                                                
 Jun. 30 2022  0.23        0.23       0.06      Missed  -73.3​
 Mar. 31 2022  0.24        0.24       0.29      Beat    23.4
 Dec. 31 2021  0.19        0.19       0.19      Met     0
 This summary was machine generated February 12 at 13:32 GMT. 
All figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)