CAE Q4 EPS $0.26 Beats $0.25 Estimate, Sales $929.45M Beat $882.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
CAE reported Q4 earnings of $0.26 per share, beating the analyst consensus estimate of $0.25 by 4%. Quarterly sales were $929.45 million, surpassing the estimate of $882.41 million by 5.33%. However, this is a 2.68% decrease compared to the same period last year.
May 31, 2023 | 12:16 pm
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POSITIVE IMPACT
CAE's Q4 earnings and sales beat estimates, with EPS at $0.26 and sales at $929.45 million. This may positively impact the stock price.
CAE's better-than-expected Q4 earnings and sales results are likely to have a positive impact on the stock price in the short term. Investors may view the company's performance as a sign of strength and growth, leading to increased demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100