Cargojet reports third-quarter 2026 results after the market closes on November 11. Analysts expect revenue and earnings to rise from a year ago, but Cargojet has missed EPS estimates in three of its last four reported quarters.
Cargojet Inc. (TSX: CJT) will report results for the quarter ended September 30, 2026. One earnings calendar lists an estimate of C$0.85 per share. A separate earnings-trends feed puts consensus at C$0.66, with estimates from C$0.42 to C$0.91 among nine analysts. The sources differ, so check which estimate your data provider uses. The trends feed forecasts revenue of C$253.18 million, up 15.1% year over year, and EPS growth of 104.8% from C$0.32 a year earlier. Cargojet beat estimates in only one of its last four comparable quarters. For company details, see the Cargojet stock page.
Recent earnings trend
Cargojet Inc
CJT.TO
CJT.TO
Cargojet Inc
WealthAwesomeMarket cap
$1.41B
P/E
31.3x
Div. yield
1.56%
Div. / share
$1.47
52W high
$99.46
52W low
$67.79
1W change
+10.85%
Beta
1.10
Analyst Price Targets
Based on analyst covering CJT · as of Oct 21, 2026
Wall Street analysts forecast CJT stock price to rise 28.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$122.00
+28.3% Upside
Previously C$121.92 on Sep 21, 2026
Current Price
C$95.12
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CJT's historical volatility
30-Day Vol
32.3%
Annualized
90-Day Vol
32.7%
Annualized
Trend (90d)
+20.5%
Annualized drift
90d Mean
C$103.51
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$98.57 | C$88.17 – C$110.20 |
| 60 trading days | C$101.01 | C$86.27 – C$118.27 |
| 90 trading days | C$103.51 | C$85.32 – C$125.57 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 9 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-11 | — | 0.8500 | — |
| 2026-06-30 | 2026-08-10 | 0.6700 | 0.7900 | -15.2% |
| 2026-03-31 | 2026-05-04 | 0.6000 | 0.8300 | -27.7% |
| 2025-12-31 | 2026-02-24 | 1.4700 | 1.0000 | +47.0% |
| 2025-09-30 | 2025-11-04 | 0.3200 | 0.9100 | -64.8% |
| 2025-06-30 | 2025-08-06 | 1.0200 | 0.9900 | +3.0% |
Investor takeaway: The November 11 report will show whether Cargojet can turn expected revenue growth into stronger per-share earnings after two consecutive quarterly misses. The trends-feed EPS estimate has fallen from C$0.69 to C$0.66 over the past 30 days, with one upward and one downward revision. In September, Cargojet announced a new mid-week flight to Liège, adding Canada–Europe capacity and connecting with its domestic network. The available information doesn’t say how much the service will contribute to third-quarter results. Investors will want to compare earnings with revenue and listen to management’s account of operating conditions. Cargojet shares recently closed at C$95.12, above their 50-day and 200-day moving averages. That market context doesn’t predict the earnings result.
C$0.66 per share
That’s the earnings-trends feed’s EPS estimate for the quarter ended September 30, down from C$0.69 30 days earlier. The earnings calendar lists C$0.85, so the supplied sources don’t agree. The trends feed’s range is C$0.42 to C$0.91, based on nine analysts. Treat the estimate as a reference, not a promise.
Bull case
The optimistic case is based on expected year-over-year growth. The trends feed forecasts revenue of C$253.18 million and EPS of C$0.66, compared with EPS of C$0.32 a year earlier. The new Liège service could add network capacity, but its effect on this quarter’s results isn’t available. If revenue growth also lifts earnings, the report could show progress after the June-quarter miss. Cargojet also declared a quarterly dividend of C$0.385 per share with its second-quarter results. Its supplied dividend yield is 1.56%.
Bear case
Cargojet’s recent results against estimates are a clear risk. It reported EPS of C$0.67 against an estimate of C$0.79 for the quarter ended June 30, and C$0.60 against C$0.83 for the March quarter. It beat estimates in only one of its last four reported quarters, and the latest trends-feed estimate has fallen over the past month. Revenue growth may not be enough if margins or earnings conversion disappoint. The supplied snapshot lists a 4.49% profit margin. The stock’s recent rise is also worth considering separately from the company’s operating results.
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