CAE (CAE) Meets Q1 Earnings Estimates

CAE (CAE) came out with quarterly earnings of $0.15 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.18 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 $0.25 per share when it actually produced earnings of$0.09, delivering a surprise of -64%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. CAE, wh ...