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Stock impact report

CAE reports third quarter fiscal 2018 results

CAE Inc. Ordinary Shares (CAE) 
Last cae inc. ordinary shares earnings: 2/7 08:23 am Check Earnings Report
US:NYSE Investor Relations: cae.com/investors
Company Research Source: Marketwire
MONTREAL, QUEBEC -- (Marketwired) -- 02/09/18 -- CAE (NYSE:CAE)(TSX:CAE) today reported revenue of $704.4 million for the third quarter of fiscal year 2018, compared with $682.7 million in the third quarter last year. Third quarter net income attributable to equity holders from continuing operations was $117.9 million ($0.44 per share) compared to $67.6 million ($0.25 per share) last year. Third quarter fiscal 2018 results include an income tax recovery related to the US tax reform and a net gain on the fair valuation of CAE's prior investment in the Asian Aviation Centre of Excellence (AACE). Excluding these elements, earnings per share would have been $0.28. EPS before specific items was $0.26 last year. All financial information is in Canadian dollars unless otherwise indicated. "CAE remains on track to deliver on our growth outlook and we are well positioned to benefit from the secular tailwinds driving our markets," said Marc Parent, CAE's President and Chief Execut Show less Read more
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