Cae inc reports qtrly loss per share $0.42

Qtrly loss per share $0.42.qtrly revenue $550.5 million versus $825.6 million.qtrly loss per share before specific items $0.11.defence and security total backlog was $4.01 billion at q1 2021 end versus $4.12 billion at q4 2020 end.cae, in civil aviation, says impact from decreased utilization, reduced deliveries, among others expected to significantly negatively impact fiscal year.cae - current view for 2021 is for a material decrease in operational and financial performance in first half for civil aviation segment.decrease in qtrly revenue for defence and security was mainly due to lower level of activity on north american programs.cae - current view for h2 of 2021 is for operational & financial performance to potentially inflect positively for civil aviation segment.cae - believe cash, equivalents, availability under credit facility, among others, will be sufficient to meet financial needs in foreseeable future.cae - will be taking additional measures by optimizing global asset base & footprint, adapting global workforce.expects to record restructuring expenses of about $100 million over next 12 months as a result of additional measures.q1 earnings per share view c$-0.06, revenue view c$511.0 million -- refinitiv ibes data.civil backlog at end of quarter was $4.5 billion.
CAE Ratings Summary
CAE Quant Ranking