CAE Inc reports results for the quarter ended December 31 - Earnings Summary

Cae

14/02/2025 24:24

* CAE Inc  CAE.TO  reported quarterly adjusted earnings of
29
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 24
cents.  The mean expectation of twelve analysts for the quarter
was for earnings of 29 cents per share. Wall Street expected
results to range from 26 cents to 32 cents per share.
    * Revenue rose 11.8% to C$1.22 billion from a year ago;
analysts
expected C$1.17 billion. 
    * CAE Inc's reported EPS for the quarter was 53 cents​.
    * The company reported quarterly net income of C$168.6
million.
    * CAE Inc shares had fallen by 7.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "hold"

Wall Street's median 12-month price target for CAE Inc is
C$36.00 
This summary was machine generated from LSEG data February 14 at
12:23 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.29           0.29           Met
 Sep. 30 2024      0.19           0.24           Beat
 Jun. 30 2024      0.20           0.21           Beat
 Mar. 31 2024      0.42           0.37           Missed