Reported Monday, CAE Q4 2024 Adj EPS C$0.37 Misses C$0.42 Estimate, Sales C$1.126B Miss C$1.286B Estimate
Portfolio Pulse from Benzinga Newsdesk
CAE (NYSE:CAE) reported Q4 2024 earnings of C$0.37 per share, missing the analyst estimate of C$0.42. Sales were C$1.126 billion, also below the expected C$1.286 billion. Despite the misses, EPS increased by 12.12% year-over-year.
May 28, 2024 | 6:39 am
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CAE reported Q4 2024 earnings of C$0.37 per share, missing the analyst estimate of C$0.42. Sales were C$1.126 billion, also below the expected C$1.286 billion. Despite the misses, EPS increased by 12.12% year-over-year.
CAE's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year increase in EPS may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100