We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to CAE (CAE) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that CAE (CAE - Free Report) will announce quarterly earnings of $0.25 per share in its forthcoming report, representing a decline of 3.9% year over year. Revenues are projected to reach $863.18 million, declining 7.1% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone a downward revision of 4.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some CAE metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Civil Aviation Training Solutions - SEU' of 278. Compared to the current estimate, the company reported 265 in the same quarter of the previous year.
According to the collective judgment of analysts, 'Civil Aviation Training Solutions - FFS deliveries' should come in at 21. The estimate compares to the year-ago value of 17.
The average prediction of analysts places 'Civil Aviation Training Solutions - Utilization rate' at 79.0%. The estimate is in contrast to the year-ago figure of 78%.
The combined assessment of analysts suggests that 'Civil Aviation Training Solutions - FFSs in CAE's network' will likely reach 340. The estimate is in contrast to the year-ago figure of 324.
Over the past month, CAE shares have recorded returns of -2.1% versus the Zacks S&P 500 composite's +4.8% change. Based on its Zacks Rank #5 (Strong Sell), CAE will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to CAE (CAE) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Analysts on Wall Street project that CAE (CAE - Free Report) will announce quarterly earnings of $0.25 per share in its forthcoming report, representing a decline of 3.9% year over year. Revenues are projected to reach $863.18 million, declining 7.1% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone a downward revision of 4.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some CAE metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Civil Aviation Training Solutions - SEU' of 278. Compared to the current estimate, the company reported 265 in the same quarter of the previous year.
According to the collective judgment of analysts, 'Civil Aviation Training Solutions - FFS deliveries' should come in at 21. The estimate compares to the year-ago value of 17.
The average prediction of analysts places 'Civil Aviation Training Solutions - Utilization rate' at 79.0%. The estimate is in contrast to the year-ago figure of 78%.
The combined assessment of analysts suggests that 'Civil Aviation Training Solutions - FFSs in CAE's network' will likely reach 340. The estimate is in contrast to the year-ago figure of 324.
View all Key Company Metrics for CAE here>>>
Over the past month, CAE shares have recorded returns of -2.1% versus the Zacks S&P 500 composite's +4.8% change. Based on its Zacks Rank #5 (Strong Sell), CAE will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>