CAE Q4 Earnings Beat, Shares Slip on Transformation Costs

CAE posted Q4 adjusted EPS C$0.42 beating C$0.41 estimate and revenue C$1.33 bn versus C$1.29 bn expectation, a 4% YoY rise.
Shares fell 1.9% after‑hours as investors priced in upcoming transformation costs of roughly C$200‑250 m, with C$84 m already incurred.
FY2027 guidance EPS C$1.21‑C$1.28 (midpoint C$1.25, 39% above consensus), low single‑digit revenue growth and 14.6‑15.1% operating margin.
Transformation plan targets C$125‑150 m annual run‑rate savings by FY2030, including a 10% reduction of commercial full‑flight simulators.