CAE (TSX: CAE) is expected to report Q3 earnings on Feb. 13. 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 23.0% and EPS will wither -11.1%.
The average estimate for revenue is $548.1 million. On the bottom line, the average EPS estimate is $0.16.
Last quarter, CAE chalked up revenue of $522.2 million. GAAP reported sales were 25% higher than the prior-year quarter's $417.3 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 $0.13. GAAP EPS of $0.14 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 28.0%, 370 basis points worse than the prior-year quarter. Operating margin was 12.3%, 230 basis points worse than the prior-year quarter. Net margin was 7.1%, 180 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.13 billion. The average EPS estimate is $0.71.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 93 members out of 102 rating the stock outperform, and nine members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give CAE a green thumbs-up, and two 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 $13.51.
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