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Cargojet Earnings Calls
| Release date | Nov 04, 2025 |
| EPS estimate | $0.97 |
| EPS actual | $0.320 |
| EPS Surprise | -67.08% |
| Revenue estimate | 250.124M |
| Revenue actual | 219.9M |
| Revenue Surprise | -12.08% |
| Release date | Aug 06, 2025 |
| EPS estimate | $0.99 |
| EPS actual | -$0.208 |
| EPS Surprise | -121.05% |
| Revenue estimate | 248.267M |
| Revenue actual | 238.2M |
| Revenue Surprise | -4.05% |
| Release date | Apr 23, 2025 |
| EPS estimate | $1.08 |
| EPS actual | $1.62 |
| EPS Surprise | 50.00% |
| Revenue estimate | 250.749M |
| Revenue actual | 249.9M |
| Revenue Surprise | -0.339% |
| Release date | Feb 17, 2025 |
| EPS estimate | $1.62 |
| EPS actual | $1.71 |
| EPS Surprise | 5.56% |
| Revenue estimate | 252.233M |
| Revenue actual | 293.2M |
| Revenue Surprise | 16.24% |
Last 4 Quarters for Cargojet
Below you can see how CJT.TO performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 17, 2025 |
| Price on release | $109.13 |
| EPS estimate | $1.62 |
| EPS actual | $1.71 |
| EPS surprise | 5.56% |
| Date | Price |
|---|---|
| Feb 10, 2025 | $112.31 |
| Feb 11, 2025 | $111.37 |
| Feb 12, 2025 | $109.22 |
| Feb 13, 2025 | $108.72 |
| Feb 14, 2025 | $109.13 |
| Feb 18, 2025 | $111.39 |
| Feb 19, 2025 | $107.40 |
| Feb 20, 2025 | $105.08 |
| Feb 21, 2025 | $101.34 |
| 4 days before | -2.83% |
| 4 days after | -7.14% |
| On release day | 2.07% |
| Change in period | -9.77% |
| Release date | Apr 23, 2025 |
| Price on release | $75.87 |
| EPS estimate | $1.08 |
| EPS actual | $1.62 |
| EPS surprise | 50.00% |
| Date | Price |
|---|---|
| Apr 16, 2025 | $76.94 |
| Apr 17, 2025 | $75.43 |
| Apr 21, 2025 | $75.03 |
| Apr 22, 2025 | $74.86 |
| Apr 23, 2025 | $75.87 |
| Apr 24, 2025 | $87.51 |
| Apr 25, 2025 | $84.33 |
| Apr 28, 2025 | $85.20 |
| Apr 29, 2025 | $85.51 |
| 4 days before | -1.39% |
| 4 days after | 12.71% |
| On release day | 15.34% |
| Change in period | 11.14% |
| Release date | Aug 06, 2025 |
| Price on release | $98.72 |
| EPS estimate | $0.99 |
| EPS actual | -$0.208 |
| EPS surprise | -121.05% |
| Date | Price |
|---|---|
| Jul 30, 2025 | $100.11 |
| Jul 31, 2025 | $98.93 |
| Aug 01, 2025 | $96.70 |
| Aug 05, 2025 | $97.92 |
| Aug 06, 2025 | $98.72 |
| Aug 07, 2025 | $98.65 |
| Aug 08, 2025 | $102.01 |
| Aug 11, 2025 | $100.44 |
| Aug 12, 2025 | $103.23 |
| 4 days before | -1.39% |
| 4 days after | 4.57% |
| On release day | -0.0709% |
| Change in period | 3.12% |
| Release date | Nov 04, 2025 |
| Price on release | $80.32 |
| EPS estimate | $0.97 |
| EPS actual | $0.320 |
| EPS surprise | -67.08% |
| Date | Price |
|---|---|
| Oct 29, 2025 | $81.11 |
| Oct 30, 2025 | $80.91 |
| Oct 31, 2025 | $81.74 |
| Nov 03, 2025 | $81.23 |
| Nov 04, 2025 | $80.32 |
| Nov 05, 2025 | $69.16 |
| Nov 06, 2025 | $67.59 |
| Nov 07, 2025 | $69.33 |
| Nov 10, 2025 | $68.70 |
| 4 days before | -0.97% |
| 4 days after | -14.47% |
| On release day | -13.89% |
| Change in period | -15.30% |
Cargojet Earnings Call Transcript Summary of Q3 2025
Key points for investors: Cargojet announced the next phase of its leadership transition—Pauline Dhillon was confirmed as CEO effective January 1, 2026, with A.J. Virmani staying on as Executive Chair and Jamie Porteous moving to a strategic adviser role. The company emphasized resilience and financial discipline amid near‑term global trade disruption (tariffs, removal of the U.S. de minimis), which has driven lower ACMI and China‑charter volumes and a ~15–16% decline in block hours year‑over‑year. Domestic revenue grew ~6% YoY (just under $100M in Q3) driven by Canadian e‑commerce and B2B volumes. Adjusted EBITDA margin remained strong at roughly 32% (low‑30s historically). Cargo/operational updates: fleet reduced to 41 aircraft after sales/leases, with one converted 767 delivery expected Q1 2026 (likely leased out); new scheduled service to Liege, Belgium announced to expand into Europe; ISO‑9001:2015 and IOSA certifications renewed. Financial posture: redeemed higher‑coupon 2026 debentures and issued lower‑coupon notes to extend maturities and reduce interest cost; management reiterated a target long‑term net debt/adjusted EBITDA of 1.5–2.5x and now expects to be below 2.5x in early 2026. CapEx: Q3 growth CapEx $22M and maintenance CapEx $45.5M; Q4 gross CapEx expected $45–55M (about half growth) but management is pursuing transactions to reduce incremental Q4 CapEx to near zero. Management expects Q4 seasonality to improve sequentially versus Q3, but overall revenue recovery to be gradual and dependent on trade‑policy resolution and macro dynamics.
