- Cargojet’s adjusted earnings per share (EPS) for the first quarter was C$1.62, surpassing the estimate of C$1.02.
- The reported EPS was C$2.87.
- Revenue reached C$249.9 million, which was slightly below the expected C$255.2 million.
- Adjusted EBITDA was reported at C$80.8 million, slightly above the estimate of C$80.4 million.
- Amid global trade dynamics, more cargo is anticipated to enter Canada directly to navigate tariff uncertainties.
- Cargojet remains committed to assisting customers despite challenges such as inflation, currency fluctuations, and geopolitical issues.
- The company has a strong analyst consensus with 10 buy ratings, 2 hold ratings, and no sell ratings.
A look at Cargojet Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts have given Cargojet a solid overall outlook, with Smartkarma Smart Scores indicating moderate scores across key factors for the company. With value, growth, resilience, momentum all scoring equally at a 3, Cargojet seems to be positioned steadily for the long-term. While the dividend score is slightly lower at 2, the company’s core operations in air cargo transportation in Canada, Bermuda, and Poland show promise for continued growth and stability.
Cargojet, Inc. is in a favorable position with a balanced assessment from analysts. The company’s operations in air cargo transportation across multiple regions provide a strong foundation for potential growth and resilience in the market. Although the dividend score is slightly lower, the consistent scores in value, growth, resilience, and momentum suggest a positive long-term outlook for Cargojet as it continues to navigate the dynamics of the air cargo industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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