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CAE (CAE) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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Wall Street analysts forecast that CAE (CAE - Free Report) will report quarterly earnings of $0.17 per share in its upcoming release, pointing to a year-over-year increase of 13.3%. It is anticipated that revenues will amount to $821.35 million, exhibiting an increase of 3.4% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific CAE metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Civil Aviation - Simulator equivalent unit (SEU)' stands at 297 . The estimate is in contrast to the year-ago figure of 298 .
Analysts forecast 'Civil Aviation - FFS deliveries' to reach 8 . The estimate compares to the year-ago value of 8 .
The consensus among analysts is that 'Civil Aviation - Utilization rate' will reach 71.1%. The estimate compares to the year-ago value of 71.0%.
The combined assessment of analysts suggests that 'Civil Aviation - FFSs in CAE's network' will likely reach 367 . Compared to the present estimate, the company reported 367 in the same quarter last year.
CAE shares have witnessed a change of +3.7% in the past month, in contrast to the Zacks S&P 500 composite's +2.3% move. With a Zacks Rank #4 (Sell), CAE is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
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CAE (CAE) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts forecast that CAE (CAE - Free Report) will report quarterly earnings of $0.17 per share in its upcoming release, pointing to a year-over-year increase of 13.3%. It is anticipated that revenues will amount to $821.35 million, exhibiting an increase of 3.4% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific CAE metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Civil Aviation - Simulator equivalent unit (SEU)' stands at 297 . The estimate is in contrast to the year-ago figure of 298 .
Analysts forecast 'Civil Aviation - FFS deliveries' to reach 8 . The estimate compares to the year-ago value of 8 .
The consensus among analysts is that 'Civil Aviation - Utilization rate' will reach 71.1%. The estimate compares to the year-ago value of 71.0%.
The combined assessment of analysts suggests that 'Civil Aviation - FFSs in CAE's network' will likely reach 367 . Compared to the present estimate, the company reported 367 in the same quarter last year.
View all Key Company Metrics for CAE here>>>CAE shares have witnessed a change of +3.7% in the past month, in contrast to the Zacks S&P 500 composite's +2.3% move. With a Zacks Rank #4 (Sell), CAE is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .