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.
CAE (CAE) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Read MoreHide Full Article
Wall Street analysts expect CAE (CAE - Free Report) to post quarterly earnings of $0.14 per share in its upcoming report, which indicates a year-over-year decline of 22.2%. Revenues are expected to be $823.11 million, down 1.2% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
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.
With that in mind, let's delve into the average projections of some CAE metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Civil Aviation - Simulator equivalent unit (SEU)' will likely reach 300 . Compared to the current estimate, the company reported 276 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Civil Aviation - FFS deliveries' of 13 . Compared to the present estimate, the company reported 18 in the same quarter last year.
Analysts forecast 'Civil Aviation - Utilization rate' to reach 68.7%. Compared to the present estimate, the company reported 70.0% in the same quarter last year.
Based on the collective assessment of analysts, 'Civil Aviation - FFSs in CAE's network' should arrive at 369 . Compared to the present estimate, the company reported 355 in the same quarter last year.
Over the past month, CAE shares have recorded returns of -3.8% versus the Zacks S&P 500 composite's +1.3% change. Based on its Zacks Rank #4 (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
CAE (CAE) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Wall Street analysts expect CAE (CAE - Free Report) to post quarterly earnings of $0.14 per share in its upcoming report, which indicates a year-over-year decline of 22.2%. Revenues are expected to be $823.11 million, down 1.2% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
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.
With that in mind, let's delve into the average projections of some CAE metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Civil Aviation - Simulator equivalent unit (SEU)' will likely reach 300 . Compared to the current estimate, the company reported 276 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Civil Aviation - FFS deliveries' of 13 . Compared to the present estimate, the company reported 18 in the same quarter last year.
Analysts forecast 'Civil Aviation - Utilization rate' to reach 68.7%. Compared to the present estimate, the company reported 70.0% in the same quarter last year.
Based on the collective assessment of analysts, 'Civil Aviation - FFSs in CAE's network' should arrive at 369 . Compared to the present estimate, the company reported 355 in the same quarter last year.
View all Key Company Metrics for CAE here>>>Over the past month, CAE shares have recorded returns of -3.8% versus the Zacks S&P 500 composite's +1.3% change. Based on its Zacks Rank #4 (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 >>>> .