CAE (NYSE: CAE ) is expected to report Q1 earnings on Aug. 9. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CAE's revenues will grow 11.3%.
The average estimate for revenue is $493.9 million. On the bottom line, the average EPS estimate is $0.18.
Last quarter, CAE notched revenue of $507.7 million. GAAP reported sales were 5.9% higher than the prior-year quarter's $479.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.22. GAAP EPS of $0.21 for Q4 were 17% higher than the prior-year quarter's $0.18 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 33.9%, 70 basis points better than the prior-year quarter. Operating margin was 18.2%, 120 basis points better than the prior-year quarter. Net margin was 10.5%, 70 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.21 billion. The average EPS estimate is $0.79.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 91 members out of 100 rating the stock outperform, and nine members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give CAE a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CAE is outperform, with an average price target of $13.23.