Cargojet Q2 2023 Earnings Report

Cargojet EPS Results

• Actual EPS: C$0.91
• Consensus EPS: C$1.10
• Beat/Miss: Missed by -C$0.19
• One Year Ago EPS: N/A

Cargojet Revenue Results

• Actual Revenue: $209.70 million
• Expected Revenue: $229.40 million
• Beat/Miss: Missed by -$19.70 million
• YoY Revenue Growth: N/A

Cargojet Announcement Details

• Quarter: Q2 2023
• Date: 8/14/2023
• Time: N/A

Cargojet Inc. provides time sensitive overnight air cargo services and carriers in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe. The company operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an ad hoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the aircraft operation and maintenance, flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. The company operates a fleet of 41 aircraft. Cargojet Inc. was founded in 2001 and is headquartered in Mississauga, Canada.