Cargojet Inc reports results for the quarter ended June 30 - Earnings Summary
Cargojet Inc reports results for the quarter ended June 30 - Earnings Summary
Cargojet Inc CJT.TO reported quarterly adjusted earnings of 67 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of C$1.02. The mean expectation of eleven analysts for the quarter was for earnings of 79 cents per share. Wall Street expected results to range from 57 cents to 96 cents per share.
Revenue rose 15.8% to C$275.80 million from a year ago; analysts expected C$257.93 million.
Cargojet Inc's reported EPS for the quarter was 47 cents.
The company reported quarterly net income of C$7 million.
Cargojet Inc shares had risen by 2.5% this quarter and gained 3.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 1 "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$120.00, about 28.1% above its last closing price of C$86.26
This summary was machine generated from LSEG data August 10 at 11:26 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 | 0.79 | 0.67 | Missed |
Mar. 31 2026 | 0.82 | 0.60 | Missed |
Dec. 31 2025 | 1.04 | 1.47 | Beat |
Sep. 30 2025 | 0.96 | 0.32 | Missed |
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