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CAE (CAE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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CAE (CAE - Free Report) reported $811.45 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 6.6%. EPS of $0.20 for the same period compares to $0.15 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $783.06 million, representing a surprise of +3.63%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.15.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how CAE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Civil Aviation Training Solutions - SEU: 268 versus 270 estimated by four analysts on average.
  • Civil Aviation Training Solutions - FFS deliveries: 11 versus the four-analyst average estimate of 7.
  • Civil Aviation Training Solutions - Utilization rate: 71% versus 70% estimated by four analysts on average.
  • Civil Aviation Training Solutions - FFSs in CAE's network: 331 compared to the 331 average estimate based on two analysts.
View all Key Company Metrics for CAE here>>>

Shares of CAE have returned -3.7% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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