CAE (CAE) Company Overview

CAE (CAE) lacks the right mix of the two important factors that could lead to a positive earnings surprise in its next report. Be ready for the main expectations.

MONTREAL, Feb. 3, 2025 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE plans to announce its financial results for the third quarter of fiscal year 2025 on Thursday, February 13, 2025, after the market closes. A conference call to discuss these results will take place the following day, Friday, February 14, 2025, at 8 a.m.

CAE has recently opened its first Air Traffic Services (ATS) Training Centre in Montreal, expanding its training offerings. This new facility is part of CAE's commitment to being the leading provider of civil aviation training globally, which includes training for pilots, aircraft maintenance technicians, and cabin crew. The inauguration took place on January 16, 2025.

Believes that hiring a successful CEO with a proven history of creating value is essential for realizing CAE's long-term potential.

CAE stock has encountered difficulties, especially with defense contracts, but it has recently improved, showing a 19% return since May 2024. There are chances for growth due to increasing air travel and defense training needs, although there are risks from inflation and weaker demand for commercial training. Even with previous struggles, CAE's revenue and operating income have increased, and there is strong potential for growth in EBITDA and free cash flow.

CAE Inc. (NYSE:CAE) will hold its Q2 2025 Earnings Conference Call on November 13, 2024, at 8:00 AM ET. The call will feature key company participants, including Andrew Arnovitz, Marc Parent, Constantino Malatesta, and Nick Leontidis. Various analysts from different financial institutions will also be joining the call.

The financial results for CAE (CAE) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

CAE (CAE) reported quarterly earnings of $0.18 per share, which is higher than the Zacks Consensus Estimate of $0.13 per share. This is a slight decrease compared to earnings of $0.20 per share from the same period last year.

MONTREAL, Nov. 12, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE has announced that Marc Parent will be leaving the company after 20 years, including 15 years as President and CEO. He has played a key role in establishing CAE as a global leader in training for civil aviation and defense. His departure is part of a succession plan and is set for the Annual General Meeting in August 2025.