04:41 PM EDT, 05/13/2025 (MT Newswires) -- CAE (CAE.TO) was last seen up 2% in after-hours New York trading after the company on Tuesday reported higher fiscal fourth-quarter adjusted earnings as revenue advanced.
The aircraft-simulator company said adjusted operating income, excluding most one-time items, doubled to $259 million, or $0.47 per share, in the quarter ended March 31 from $125.7 million, or $0.12, in the prior year period. The result was modestly above the consensus analysts' estimate of $0.46, according to FactSet.
Revenue jumped 13% to $1.28 billion, over the same period, in line with the consensus expectation of $1.28 billion.
In its outlook, CAE said that notwithstanding the impact of tariffs, the company still expects Civil's adjusted segment operating income (aSOI) to grow in the mid- to high-single-digit percentage range in fiscal 2026, along with modest expansion in annual aSOI margin. Management expects low-double-digit percentage annual aSOI growth and an annual aSOI margin in the 8% to 8.5% range in fiscal 2026 for the defense segment.
CAE also confirmed that it remains "relatively well insulated" from direct tariff impacts.
The company's shares were last seen up US$0.51 to US$26.50 after hours. They closed down $0.86 to $36.17 on the Toronto Stock Exchange.