Markets CAE

CAE Inc Profit Falls In Q1

(RTTNews) - CAE Inc (CAE) announced earnings for first quarter that Drops, from last year

The company's earnings came in at C$31.0 million, or C$0.10 per share. This compares with C$57.2 million, or C$0.18 per share, last year.

Excluding items, CAE Inc reported adjusted earnings of C$83.5 million or C$0.26 per share for the period.

The company's revenue for the period rose 6.8% to C$1.173 billion from C$1.098 billion last year.

CAE Inc earnings at a glance (GAAP) :

-Earnings: C$31.0 Mln. vs. C$57.2 Mln. last year. -EPS: C$0.10 vs. C$0.18 last year. -Revenue: C$1.173 Bln vs. C$1.098 Bln last year.

-Guidance: Full year EPS guidance: C$ 1.21 To C$ 1.28

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