Cargojet Inc (TSX:CJT, Financial) is set to release its Q3 2024 earnings on Nov 4, 2024. The consensus estimate for Q3 2024 revenue is $248.01 million, and the earnings are expected to come in at $1.31 per share. The full year 2024's revenue is expected to be $977.80 million and the earnings are expected to be $3.25 per share. More detailed estimate data can be found on the Forecast page.
Cargojet Inc (TSX:CJT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Cargojet Inc (TSX:CJT) for the full year 2024 have decreased from $984.22 million to $977.80 million and for 2025 from $1.04 billion to $1.04 billion. Earnings estimates have also seen a decline, from $5.17 per share to $3.25 per share for 2024, and from $6.69 per share to $6.39 per share for 2025.
Cargojet Inc (TSX:CJT, Financial) Reported History
In the previous quarter of 2024-06-30, Cargojet Inc's (TSX:CJT) actual revenue was $230.80 million, which missed analysts' revenue expectations of $234.65 million by -1.64%. Cargojet Inc's (TSX:CJT) actual earnings were -$1.53 per share, which missed analysts' earnings expectations of $1.318 per share by -216.08%. After releasing the results, Cargojet Inc (TSX:CJT) was up by 2.54% in one day.
Cargojet Inc (TSX:CJT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 11 analysts, the average target price for Cargojet Inc (TSX:CJT) is $162.45 with a high estimate of $189 and a low estimate of $120. The average target implies an upside of 19.37% from the current price of $136.09.
Based on GuruFocus estimates, the estimated GF Value for Cargojet Inc (TSX:CJT, Financial) in one year is $163.98, suggesting an upside of 20.49% from the current price of $136.09.
Based on the consensus recommendation from 11 brokerage firms, Cargojet Inc's (TSX:CJT, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
