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Calian Group Ltd. (TSE:CGY)
TSX:CGY
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.16Last Year’s EPS
1.34Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: -11.85%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
Calian Group's earnings call reflected a balance of achievements and challenges. The company reported record-breaking revenue and a strong backlog, driven by significant defense contract wins and strategic expansions. However, these positives were tempered by a decline in organic growth, decreased adjusted EBITDA, and a net loss due to non-cash charges. Despite these challenges, the company reaffirmed its financial guidance for FY2025, suggesting confidence in future performance.Company Guidance
In the Calian Group's first quarter 2025 earnings call, the company provided guidance indicating a strong strategic focus on their defense solutions, which accounted for 44% of consolidated revenues in fiscal 2024. Revenue on a trailing 12-month basis reached $752 million, up 9% from the previous period, with Q1 revenues at a record $185 million, reflecting a 3% increase. The company signed new contracts worth $154 million, boasting a backlog of $1.1 billion. Despite some project delays, Calian maintained its fiscal 2025 guidance, projecting revenues between $800 million and $880 million. The adjusted EBITDA is expected to range from $96 million to $106 million, maintaining a double-digit growth trajectory. Calian emphasized the ongoing demand for its defense solutions amid global geopolitical tensions and highlighted strategic hires and geographical expansions, particularly in the U.S. defense market, to bolster its growth.Record-Breaking Revenue and Growth
Revenues on a trailing 12-month basis surpassed $750 million for the first time, marking a 9% increase against the previous 12 months.
New Contract Wins and Backlog
Calian signed new gross contracts valued at $154 million and ended the quarter with a solid backlog of $1.1 billion.
Defense Market Opportunities
Calian secured over $50 million in new and renewed multiyear defense contracts in Q1, highlighting ongoing demand for mission-critical defense solutions.
Strategic Appointments and Expansion
Appointment of retired Major-General Roch Pelletier and the launch of a U.S. subsidiary focused on U.S. federal government and defense opportunities.
Financial Guidance Reaffirmed
The company maintains its guidance for FY2025 with expected revenues in the range of $800 million to $880 million, and adjusted EBITDA in the range of $96 million to $106 million.
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TSE:CGY 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
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TSE:CGY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | C$49.70 | C$44.97 | -9.52% |
| Nov 26, 2024 | C$47.75 | C$47.71 | -0.08% |
| Aug 07, 2024 | C$53.47 | C$47.53 | -11.11% |
| May 14, 2024 | C$55.50 | C$57.43 | +3.48% |
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.
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FAQ
When does Calian Group Ltd. (TSE:CGY) report earnings?
Calian Group Ltd. (TSE:CGY) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Calian Group Ltd. (TSE:CGY) earnings time?
Calian Group Ltd. (TSE:CGY) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:CGY EPS forecast?
TSE:CGY EPS forecast for the fiscal quarter 2025 (Q2) is 1.16.
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