CAE Reports Q2 2027 Results with Increased EPS Guidance and Strong Defense Growth
CAE reported second-quarter fiscal 2027 results characterized by a slight revenue decline to $1.2 billion, driven primarily by lower simulator product sales in the Civil segment. Despite the top-line dip, adjusted earnings per share rose 17.9% to $0.33, bolstered by significant margin expansion within the Defense and Security segment and reduced finance expenses. The company's Defense segment saw a substantial 43.3% increase in adjusted operating income due to improved bid discipline. Looking ahead, CAE raised its full-year fiscal 2027 adjusted EPS guidance to a range of $1.28 to $1.35 and increased its operating margin forecasts, citing strong execution confidence and the ongoing benefits of its transformation plan.
Topics: civil aviation defense and security eps free cash flow revenue
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Part of the story CAE Reports Q2 2027 Results with Increased EPS Guidance and Strong Defense Growth (2 articles)