Cargojet Inc expected to post earnings of 97 cents a share - Earnings Preview

Cargojet

10/08/2024 24:53

* Cargojet Inc  CJT.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 13 for the period
ending June 30 2024
    * The Mississauga Ontario-based  company is expected to
report a
11.9% increase in revenue to C$234.65 million from C$209.7
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cargojet Inc is for
earnings
of 97 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"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$160.00​, above​ its last closing price of C$118.47. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.67        0.66       1.86      Beat    180.1
 Dec. 31 2024  0.78        0.81       -0.14     Missed  -117.3
 Sep. 30 2023  0.67        0.73       0.30      Missed  -59​
 Jan. 1 0001   0.90        0.93       0.80      Missed  -13.9
 ​​Mar.        1.01        1.03       0.97      Missed  -5.9
 31 2023                                                
 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. 30 2022  1.59        1.59       9.12      Beat    472.9
 This summary was machine generated August 9 at 23:53 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)