Cargojet Inc reports results for the quarter ended June 30 - Earnings Summary

Cargojet

07/08/2025 03:25

Cargojet Inc CJT.TO reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -5 cents.  The mean expectation of ten analysts for the quarter was for earnings of C$1.03 per share. Wall Street expected results to range from 78 cents to C$1.54 per share.

Revenue rose 3.2% to C$238.20 million from a year ago; analysts expected C$246.94 million.

Cargojet Inc's reported EPS for the quarter was a loss of 21 cents​.

The company reported a quarterly loss of C$3.2 million.

Cargojet Inc shares had risen by 3.3% this quarter and lost 9.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is also "buy"

Wall Street's median 12-month price target for Cargojet Inc is C$140.50, about 29.7% above its last closing price of C$98.72

This summary was machine generated from LSEG data August 7 at 02:24 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
Jun. 30 2025
1.03
-0.21
Missed
Mar. 31 2025
1.08
1.62
Beat
Dec. 31 2024
1.62
1.71
Beat
Sep. 30 2024
1.22
1.48
Beat