Cargojet Inc expected to post earnings of C$1.22 a share - Earnings Preview

Cargojet

02/11/2024 04:06

* Cargojet Inc  CJT.TO   is expected to show a rise in
quarterly
revenue when it reports  results on November 4 for the period
ending January 1 0001
    * The Mississauga Ontario-based  company is expected to
report a
15.9% increase in revenue to $248.014 million from $214 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Cargojet Inc is for
earnings
of $1.22 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
165.00​, above​ its last closing price of C$138.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.88        0.97       -0.05     Missed  -105.2
 Jan. 1 0001   0.67        0.66       1.86      Beat    180.1
 Dec. 31 2023  0.78        0.81       -0.14     Missed  -117.3
                                                        ​
 Sep. 30 2023  0.67        0.73       0.30      Missed  -59
 ​​Jun.        0.90        0.93       0.80      Missed  -13.9
 30 2023                                                
 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
 This summary was machine generated November 2 at 04:05 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)