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StockNews.com
Business
Mangeet Kaur Bouns

CAE Ordinary Shares (CAE) Earnings Preview: A Defense Stock Opportunity?

CAE Inc. (CAE) is a Canada-based manufacturer of simulation technologies, modeling technologies, and training services to airlines, aircraft manufacturers, healthcare practitioners, and defense and security forces. The company is scheduled to release its fiscal 2024 second quarter financial results on Tuesday, November 14, 2023.

Analysts expect the company’s revenue for the quarter (ended September 2023) to increase 11.1% year-over-year to $775.05 million. The consensus EPS estimate of $0.14 for the same quarter is flat compared to the year-ago value.

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