CAE to deliver initial training for air traffic controllers and flight service specialists at the new Air Traffic Services Training Centre in Montreal. Partnership increases training capacity at NAV CANADA across the country and is expected to support the training for over 500 additional students by 2028. MONTREAL, April 16, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – NAV CANADA and CAE today announced that they have signed a strategic agreement to increase training capacity for crucial air traffic servi ...

MONTREAL, Feb. 16, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) - CAE Inc. (CAE or the Company) today announced the closing of the sale of its Healthcare business to Madison Industries for an enterprise value of C$311 million, subject to customary adjustments. This follows CAE's announcement on October 24, 2023, of the execution of a definitive agreement in respect of the transaction. As previously disclosed, CAE intends to use the net proceeds of this sale principally to accelerate deleveraging, as well as t ...

Cameron Doerksen And maybe just a very brief just follow-up to FadiÂ's questions on Defense. You mentioned you may be seeking some, I guess, equitable adjustments. I know there's something you've discussed in the past. Have you had any success there? I mean, are you optimistic at all that you'll some relief from your customers with some maybe some pricing adjustments within these legacy contracts? Marc Parent I'm optimistic, but I'm not optimistic on the timing, meaning, because I can't I've been wrong ever ...

CAE (CAE) reported $804.01 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 7%. EPS of $0.18 for the same period compares to $0.21 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $807.13 million, representing a surprise of -0.39%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

CAE (CAE) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this civil and military flight simulator company would post earnings of $0.15 per share when it actually produced earnings of $0.20, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.CAE, whi ...

CAE (CAE) closed the last trading session at $20.92, gaining 0.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $26.18 indicates a 25.1% upside potential.The mean estimate comprises 12 short-term price targets with a standard deviation of $3.01. While the lowest estimate of $19 indicates a 9.2% decline from the current price level, the most optimistic analyst expects the stock to ...

Revenue of $1,094.5 million vs. $969.9 million in prior year Earnings per share (EPS) from continuing operations of $0.18 vs. $0.24 in prior year Adjusted EPS(1) of $0.24 vs. $0.27 in prior year Operating income of $121.6 million vs. $142.1 million in prior year Adjusted segment operating income(1) of $145.1 million vs. $156.8 million in prior year Adjusted order intake(1) of $1,273.9 million for an $11.7 billion adjusted backlog(1)  Net debt-to-adjusted EBITDA(1) of 3.16x vs. 3.25x at the end of the prec ...

Non-IFRS financial measure, non-IFRS ratio, capital management measure, or supplementary financial measure. Refer to Section 11 "Non-IFRS and other financial measures and supplementary non-financial information" of this MD&A for the definitions and reconciliation of these measures to the most directly comparable measure under IFRS. The net income (loss) and other comprehensive income (loss) from discontinued operations are as follows: CAE Third Quarter Report 2024 I 19 We operate in several industry segment ...

MONTREAL, Feb. 8, 2024 /PRNewswire/ - (NYSE: CAE; TSX: CAE) – CAE will release its fiscal year 2024 third quarter results on Wednesday, February 14, 2024. A conference call will be held on the same day at 2 p.m. Eastern Time (ET) to provide analysts and institutional investors with a review of CAE's performance and outlook. Marc Parent, CAE's President and Chief Executive Officer, Sonya Branco, CAE's Executive Vice President, Finance and Chief Financial Officer, and Andrew Arnovitz, CAE's Senior Vice Presid ...

CAE (CAE) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 14, 2024, might help the stock move higher if these key numbers are better than expecta ...