Cargojet Q2 Adj. EPS $0.67 Misses $0.79 Estimate, Sales $275.800M Beat $257.930M Estimate
Cargojet (TSX:CJT) reported quarterly earnings of $0.67 per share which missed the analyst consensus estimate of $0.79 by 15.19 percent. This is a 34.31 percent decrease over earnings of $1.02 per share from the same
Cargojet made more money from selling cargo services than expected, but didn't earn as much profit per share as analysts thought it would. When a company sells more but earns less profit, it means their costs went up, which is something to watch.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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