CAE Inc reports results for the quarter ended June 30 - Earnings Summary
CAE Inc reports results for the quarter ended June 30 - Earnings Summary
CAE Inc CAE.TO reported quarterly adjusted earnings of 26 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of twelve analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 18 cents to 24 cents per share.
Revenue rose 6.8% to C$1.17 billion from a year ago; analysts expected C$1.13 billion.
CAE Inc's reported EPS for the quarter was 10 cents.
The company reported quarterly net income of C$31 million.
CAE Inc shares had risen by 6.4% this quarter and lost 9.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.6% 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 "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"
Wall Street's median 12-month price target for CAE Inc is C$46.00, about 17.8% above its last closing price of C$37.79
This summary was machine generated from LSEG data August 12 at 10:39 p.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 |
Jun. 30 2026 | 0.22 | 0.26 | Beat |
Mar. 31 2026 | 0.41 | 0.42 | Beat |
Dec. 31 2025 | 0.30 | 0.34 | Beat |
Sep. 30 2025 | 0.20 | 0.23 | Beat |
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CAE Inc reports results for the quarter ended June 30 - Earnings Summary
Canada's CAE Q1 adjusted EPS beats estimates on defense segment strength