For the quarter ended September 2024, CAE (CAE) reported income of $833.2 million, up 2.7% over the identical interval final 12 months. EPS got here in at $0.18, in comparison with $0.20 within the year-ago quarter.
The reported income represents a shock of +5.85% over the Zacks Consensus Estimate of $787.16 million. With the consensus EPS estimate being $0.13, the EPS shock was +38.46%.
Whereas buyers carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how CAE carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Civil Aviation Coaching Options – SEU: 276 in comparison with the 283 common estimate based mostly on eight analysts.
- Civil Aviation Coaching Options – FFS deliveries: 18 in comparison with the 12 common estimate based mostly on seven analysts.
- Civil Aviation Coaching Options – Utilization charge: 70% in comparison with the 70.6% common estimate based mostly on six analysts.
- Civil Aviation Coaching Options – FFSs in CAE’s community: 355 versus 353 estimated by 4 analysts on common.
View all Key Company Metrics for CAE here>>>
Shares of CAE have returned +4.3% over the previous month versus the Zacks S&P 500 composite’s +3.3% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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A lot of the shares on this report are flying beneath Wall Road radar, which supplies a fantastic alternative to get in on the bottom flooring.
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CAE Inc (CAE) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.