CAE (TSX: CAE) is expected to report Q4 earnings on May 16. 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 13.3% and EPS will drop -18.2%.
The average estimate for revenue is $575.3 million. On the bottom line, the average EPS estimate is $0.18.
Last quarter, CAE recorded revenue of $523.8 million. GAAP reported sales were 18% higher than the prior-year quarter's $445.7 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 $0.18. GAAP EPS of $0.15 for Q3 were 12% lower than the prior-year quarter's $0.17 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 29.0%, 470 basis points worse than the prior-year quarter. Operating margin was 13.5%, 320 basis points worse than the prior-year quarter. Net margin was 7.2%, 290 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.07 billion. The average EPS estimate is $0.69.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 91 members out of 99 rating the stock outperform, and eight members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give CAE a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CAE is hold, with an average price target of $12.59.
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