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
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission