Published on 2 May 2024 on Simply Wall St. via Yahoo Finance
Results: Cargojet Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Investors in Cargojet Inc. (TSE:CJT) had a good week, as its shares rose 2.4% to close at CA$117 following the release of its first-quarter results. It looks like a credible result overall - although revenues of CA$231m were what the analysts expected, Cargojet surprised by delivering a (statutory) profit of CA$1.84 per share, an impressive 182% above what was forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Cargojet after the latest results.
View our latest analysis for Cargojet
