Overview

* CAE fiscal Q2 2026 revenue grows 9% yr/yr, beating analyst expectations

* Adjusted EPS for fiscal Q2 2026 beats consensus, reflecting operational efficiency

* Company announced organizational changes as part of transformation plan

Outlook

* Company revises Civil outlook for fiscal 2026, maintains Defense outlook

* Company expects FY Civil adjusted segment operating income to be in line with prior year

* Company expects FY capital expenditures to be approximately 10% lower than fiscal 2025

Result Drivers

* CIVIL AVIATION DEMAND - Strong structural demand and record aircraft backlogs drive Civil segment growth

* DEFENSE INVESTMENTS - Generational defense investments in key markets support Defense segment growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat C$1.24 C$1.14

Revenue bln bln (8

Analysts

)

Q2 Beat C$0.23 C$0.20

Adjusted (10

EPS Analysts

)

Q2 EPS C$0.23

Q2 C$155.3

Adjusted mln

Operatin

g Income

Q2 C$155.3

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the aerospace & defense peer group is "buy"

* Wall Street's median 12-month price target for CAE Inc ( CAE ) is C$44.00, about 13.4% above its November 10 closing price of C$38.11

* The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)