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.
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.
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.
Looking for alternatives to CAE? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add CAE to My Watchlist.