CAE Inc (NYSE:CAE) (TSE:CAE) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, November 10th. Analysts expect the company to announce earnings of $0.19 per share for the quarter.

CAE (NYSE:CAE) (TSE:CAE) last announced its earnings results on Thursday, August 10th. The aerospace company reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.01). The company had revenue of $699.00 million for the quarter, compared to analysts’ expectations of $699.76 million. CAE had a net margin of 8.96% and a return on equity of 13.24%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.26 EPS. On average, analysts expect CAE to post $0.86 EPS for the current fiscal year and $0.95 EPS for the next fiscal year.

Several analysts recently weighed in on CAE shares. BMO Capital Markets upgraded CAE from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a research note on Wednesday, August 30th. They noted that the move was a valuation call. BidaskClub downgraded CAE from a “sell” rating to a “strong sell” rating in a research note on Friday, August 25th. Finally, Zacks Investment Research upgraded CAE from a “hold” rating to a “strong-buy” rating and set a $19.00 target price on the stock in a research note on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. CAE has a consensus rating of “Hold” and a consensus price target of $20.67.

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About CAE

CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.

Earnings History for CAE (NYSE:CAE)

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