CAE Inc (TSE:CAE)
TSX:CAE
Earnings Data
Report Date
Jun 02, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.42Last Year’s EPS
0.47Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a constructive, action-oriented tone: CAE reported modest consolidated revenue and operating income growth, materially strengthened its balance sheet (net debt/EBITDA 2.3x), delivered strong free cash flow, and showed a powerful Defense performance with meaningful contract wins. Management launched a committed transformation plan (portfolio sharpening, capital discipline, performance improvement) that already yielded early cash and leverage benefits. However, Civil softness (reduced simulator deliveries, lower utilization) and planned network rationalization introduce near-term revenue headwinds and transformation-related costs, with some milestones and targets deferred until the year-end update. Overall the positive cash flow, deleveraging success, Defense momentum and clear, disciplined plan outweighed the Civil challenges and execution risks in the near term.Company Guidance
Consolidated Revenue and EPS Growth
Q3 consolidated revenue of $1.25 billion, up 2% year-over-year; adjusted EPS of $0.34 versus $0.29 a year ago (increase of ~17%).
Improved Adjusted Operating Income
Adjusted consolidated segment operating income of $195.8 million, up 3% from $190.0 million in Q3 last year.
Strong Free Cash Flow and Operating Cash
Free cash flow of $411.3 million (vs. $409.8M prior-year); net cash flow from operating activities of $407.6 million, demonstrating continued cash discipline and improved working capital management.
Leverage Reduction Achieved Ahead of Plan
Net debt approximately $2.8 billion with net debt to adjusted EBITDA of 2.3x (surpassing target of 2.5x by fiscal year-end), reflecting successful deleveraging.
Defense Segment Outperformance
Defense revenue of $534.9 million, up 14% year-over-year; Defense adjusted segment operating income rose 38% to $54.0 million, delivering a 10.1% margin (first time ≥10% in over six years). Company now expects Defense adjusted segment operating income to grow by more than 20% year-over-year for the full year and forecasts an annual Defense margin of ~8.5%.
Notable Contract Wins and Strategic Partnerships
Awarded Australia's Future Air Mission Training System (initial 10-year period, value > $270 million); signed 8 agreements at Singapore Airshow totaling > $160 million; selected by Joby Aviation and Embraer Eve for eVTOL training solutions; partnership agreement with Saab on GlobalEye platform.
Capital Discipline and CapEx Reductions
Q3 CapEx of $50.6 million (≈75% invested in growth). Company expects full-year CapEx to be >10% lower than last year, with Civil CapEx expected to be approximately 30% lower year-over-year.
Transformation Plan Initiation and Early Benefits
Launched multi‑pronged transformation plan focused on portfolio sharpening, capital discipline and performance improvement (including shared services for ~80 finance/HR processes). Early benefits include improved cash flow, tighter capital control, and stronger collections; expectation to provide specific targets after year-end evaluation.
TSE:CAE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:CAE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | C$42.65 | C$41.20 | -3.40% |
Nov 11, 2025 | C$38.39 | C$38.41 | +0.05% |
Aug 12, 2025 | C$40.80 | C$38.43 | -5.81% |
May 13, 2025 | C$36.17 | C$34.36 | -5.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CAE Inc (TSE:CAE) report earnings?
CAE Inc (TSE:CAE) is schdueled to report earning on Jun 02, 2026, TBA (Confirmed).
What is CAE Inc (TSE:CAE) earnings time?
CAE Inc (TSE:CAE) earnings time is at Jun 02, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:CAE EPS forecast?
TSE:CAE EPS forecast for the fiscal quarter 2026 (Q4) is 0.42.