CAE reports fourth quarter and full fiscal year 2020 results
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CAE, Inc. (CAE) Tops Q4 EPS by 21c, Revenues Beat
May 22, 2020 8:34 AM EDTCAE, Inc. (NYSE: CAE) reported Q4 EPS of $0.46, $0.21 better than the analyst estimate of $0.25. Revenue for the quarter came in at $977.3 million versus the consensus estimate of $611.18 million.
Strong annual performance despite COVID-19 impact in Q4Annual revenue up 10% to $3.6 billionAnnual segment operating income(1) of $537.1 million ($590.4 million before specific items(2)) up 12% vs. $480.6 million in prior year (up 21% vs. $487.4 million before specific items)Annual EPS of $1.16 ($1.34 before specific items(3)) vs. $1.23 (up 7% vs. $1.25 before specific items) in prior yearQ4 revenue down 4% to $977.3 millionQ4 segment operating income of $146.5 million ($193.9 million... More