CAE (NYSE:CAE) (TSE:CAE) posted its quarterly earnings data on Wednesday. The aerospace company reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.09, Fidelity Earnings reports. The company had revenue of $896.80 million during the quarter, compared to analyst estimates of $850.51 million. CAE had a return on equity of 13.94% and a net margin of 9.45%. The firm’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the company earned $0.23 earnings per share.
Shares of CAE stock opened at $27.19 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.20 and a debt-to-equity ratio of 1.03. The business has a 50-day moving average price of $25.16 and a two-hundred day moving average price of $25.67. CAE has a 12-month low of $17.82 and a 12-month high of $28.03. The firm has a market cap of $6.90 billion, a P/E ratio of 28.62, a price-to-earnings-growth ratio of 2.54 and a beta of 0.80.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a dividend of $0.084 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.34 annualized dividend and a yield of 1.24%. This is a positive change from CAE’s previous quarterly dividend of $0.08. CAE’s payout ratio is 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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