Revenue and reported earnings fell
CAE reported results on November 11 for its fiscal second quarter ended September 30, 2026. Revenue was C$1,204.7 million, down 2.6% from C$1,236.6 million a year earlier. Net income attributable to shareholders was C$58.6 million, compared with C$73.9 million. Reported EPS was C$0.18, down from C$0.23.
Adjusted earnings moved in the other direction
Adjusted EPS rose to C$0.33 from C$0.28. Adjusted segment operating income was C$179.3 million, compared with C$176.7 million, with its margin increasing to 14.9% from 14.3%. CAE identifies these adjusted figures as non-IFRS measures, so they should not be substituted for the reported results.
Reported operating income was C$114.4 million and included C$42.6 million in restructuring costs. The release says its financial figures are in Canadian dollars unless indicated otherwise.
What changed in the full-year outlook
CAE raised its fiscal 2027 adjusted EPS outlook to C$1.28 to C$1.35, from C$1.21 to C$1.28. Its adjusted segment operating income margin forecast increased to 14.9% to 15.4%, from 14.6% to 15.1%. The low-single-digit revenue growth outlook was unchanged.
Those ranges are management forecasts, not completed annual results. Readers comparing the quarter can use the issuer’s definitions and reconciliation in the linked release to keep reported earnings, adjusted earnings and the outlook separate.
