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Reporting Calendar - May 2021
The earnings season of the first quarter of fiscal 2021 is likely to show marginal recovery across most sectors. The pandemic-hit enterprises are amending the guidelines of their operations, turning large-cap companies into mid-caps and mid-cap stocks into small-caps.
As May 2021 comes along, investors will keenly be watching out for the first-quarter earnings results of the Toronto Stock Exchange (TSX)-listed companies.
On this page, we compile the earnings release dates and business outlooks of some of the top Canadian companies. While many refrained from providing any guidance amid the uncertain times of the COVID-19 pandemic, those that are available could help investors make a better investment decision.
As the earnings season commences, companies are likely to present their numbers on how businesses have recovered from the previous year’s slump. Here is your gateway to the important earnings for the week:
| Date | Company Name | TSX Code | Reporting period | Business Outlook |
|---|---|---|---|---|
| 19-May-21 | CAE Inc | CAE | Q4 FY21 | The aerospace and defense firm expects to report lower earnings per share for the full fiscal year 2021 on a year-over-year basis due to the negative COVID-19 impact on the overall industry. |
| 20-May-21 | ATS Automation Tooling Systems Inc. | ATA | Q4 FY21 | The vehicle automation company's revenues are likely to drop, led by the COVID-19 impact and downturn transportation demand, disrupt supply chains, and vehicle installation. |
| 20-May-21 | Lightspeed POS Inc. | LSPD | Q4 FY21 | The software firm anticipates Q4 revenues in the range of US$ 68 million to US$ 70 million, up 17% to 21% sequentially. It foresees adjusted EBITDA loss of nearly US$ 12 million to US$ 14 million. |