CAE reports third quarter fiscal 2021 results

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CAE, Inc. (CAE) Misses Q3 EPS by 3c, Revenues Beat

February 12, 2021 8:37 AM EST

CAE, Inc. (NYSE: CAE) reported Q3 EPS of $0.22, $0.03 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $832.4 million versus the consensus estimate of $611.18 million.

Revenue of $832.4 million up 18% vs. second quarter and down 10% vs. third quarter last yearEPS of $0.18 ($0.22 before specific items(1)) vs. negative $0.02 ($0.13 before specific items) in the second quarter and $0.37 ($0.37 before specific items) in the third quarter last yearOperating profit(2) of $82.9 million vs. $28.2 million in the second quarter and $154.9 million in the third quarter last yearSegment operating income before specific items(3) of $97.2... More