CAE (NYSE:CAE) Announces Earnings Results
CAE (NYSE:CAE) (TSE:CAE) issued its quarterly earnings results on Wednesday. The aerospace company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.09, Fidelity Earnings reports. CAE had a return on equity of 13.94% and a net margin of 9.45%. The business had revenue of $896.80 million during the quarter, compared to analyst estimates of $850.51 million. During the same quarter in the prior year, the business posted $0.23 EPS. CAE’s revenue for the quarter was up 20.6% compared to the same quarter last year.
Shares of NYSE:CAE opened at $27.19 on Friday. The company has a current ratio of 1.20, a quick ratio of 0.87 and a debt-to-equity ratio of 1.03. CAE has a 12 month low of $17.82 and a 12 month high of $28.03. The company has a 50-day moving average price of $25.16 and a 200 day moving average price of $25.67. The company has a market cap of $6.90 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 2.54 and a beta of 0.80.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.084 dividend. This is an increase from CAE’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.24%. CAE’s dividend payout ratio (DPR) is presently 34.74%.
CAE Company Profile
CAE Inc, together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services.
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