CAE reports Q3 adjusted EPS 29c, consensus 29c

Reports Q3 revenue $1.22B, consensus $1.18B. “We achieved a standout third quarter, generating a record $410 million in free cash flow while further securing CAE‘s (CAE) future with $2.2B in new orders and a record adjusted backlog of $20 billion,” said CEO Marc Parent. “In Civil, we increased our stake in SIMCOM and extended our exclusive long-term training agreement with FlexJet and its affiliates, adding over $500M to our quarterly adjusted order intake. In Defense, we continued to achieve notable growth and margin improvements through strong execution and risk reduction, and we completed a second Legacy Contract from adjusted backlog, as planned. Looking ahead at CAE’s fiscal year as a whole, we remain on track to meet our previously stated three-year EPS target while achieving strong order intake, backlog, and free cash flow. Our success is a testament to CAE’s unique culture, and I am proud that CAE was recognized as one of Canada’s Top 100 Employers for the third consecutive year and made Forbes’ Canada’s Best Employers list for 2025.”