Cargojet Inc expected to post earnings of 73  cents a share - Earnings Preview

Cargojet

03/11/2023 17:32

* Cargojet Inc  CJT.TO   is expected to show a fall in
quarterly
revenue when it reports  results on November 7. 
    * The Mississauga Ontario-based  company is expected to
report  a
5.4% decrease in revenue to C$220.208 million from C$232.7
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Cargojet Inc is for
earnings of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "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 Cargojet
Inc is
C$139​, above​ its last closing price of C$83.81. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.90        0.93       0.80      Missed  -13.9
 Mar. 31 2023  1.01        1.03       0.97      Missed  -5.9
 Dec. 31 2022  2.08        2.02       0.90      Missed  -55.4​
 Sep. 30 2022  1.64        1.74       4.77      Beat    174.3
 ​​Jun.        1.59        1.59       9.12      Beat    472.9
 30 2022                                                
 Mar. 31 2022  1.27        1.46       -3.26     Missed  -323.3
                                                        ​
 Dec. 31 2021  1.87        1.76       5.78      Beat    228.9
 Sep. 30 2021  1.28        1.31       -0.74     Missed  -156.5
 This summary was machine generated November 3 at 17:32 GMT.  All
figures in Canadian dollars  unless otherwise stated