Revenue Update on CAE (USA)(NYSE:CAE)

CAE (USA)(NYSE:CAE) announced the earnings results for Fiscal Year 2017 and Q3. The results came in during Pre-Market on Feb 14, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $525.679M. Analysts estimated a revenue of $506.210M. The revenues were 3.85% above the estimates. Earnings per share were $0.21. The reported EPS was above estimates by 16.67%. Analysts had estimated an EPS of $0.18.

CAE (USA) (CAE) shares turned negative on Wednesdays trading session with the shares closing down -0.02 points or -0.13% at a volume of 77,903. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $15.695. The peak price level was also seen at $15.695 while the days lowest was $15.51. Finally the shares closed at $15.64. The 52-week high of the shares is $15.88 while the 52-week low is $10.515. According to the latest information available, the market cap of the company is $4,197 M.

CAE Inc. provides training for the civil aviation defense and security and healthcare markets. The Company designs and integrates training solutions. The Company operates through three segments: Civil Aviation Training Solutions Defense and Security and Healthcare. It provides integrated training solutions to three markets such as the civil aviation market which includes aircraft manufacturers commercial airlines regional airlines business aircraft operators civil helicopter operators third-party training centers flight training organizations maintenance repair and overhaul organizations and aircraft finance leasing companies; the defense and security market which includes defense forces original equipment manufacturers (OEMs) government agencies and public safety organizations and the healthcare market which includes hospital and university simulation centers medical and nursing schools paramedic organizations defense forces medical societies and OEMs.

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