CAE reports first quarter fiscal 2021 results

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Go back to CAE reports first quarter fiscal 2021 results

CAE, Inc. (CAE) Reports Q1 Revenues Miss

August 12, 2020 9:03 AM EDT

CAE, Inc. (NYSE: CAE) reported Q1 EPS of ($0.11), $0.36 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $550.5 million versus the consensus estimate of $611.18 million.

Revenue of $550.5 million down 33% vs. $825.6 million in prior yearSegment operating loss(1) of $110.3 million ($2.1 million before specific items(2)) vs. segment operating income before specific items of $113.3 million in prior yearEPS of negative $0.42 (negative $0.11 before specific items(3)) vs. $0.24 before specific items in prior yearFree cash flow(4) of negative $92.7 million up from negative $102.1 million in prior yearOrder intake(5) of $417.1 million for 0.76x book-to-sales(5) and $8.6 billion... More