Scotiabank Issues Optimistic Estimate for CAE Earnings

Market Beat
2026.01.23 13:21
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Scotiabank has raised its Q1 2028 earnings per share (EPS) estimate for CAE Inc from $0.23 to $0.24, maintaining an "Outperform" rating. The consensus estimate for CAE's full-year earnings is $0.83 per share. Analysts also forecast Q2 2028 EPS at $0.28, Q3 2028 at $0.35, and FY2029 at $1.62. CAE's recent quarterly earnings were $0.17 EPS, exceeding expectations. The company has a market cap of $10.73 billion and a consensus rating of "Moderate Buy" with a target price of $34.33.