Cargojet posts $275.8 million Q2 revenue as AGT Food reports $634.2 million in sales
AI Market Summary
Canadian and U.S. small caps remain in strong 52-week uptrends, but the latest earnings batch is mixed. Cargojet delivered a revenue and EBITDA beat with a return to profitability, while adjusted EPS missed; CT REIT was largely in line; several issuers showed earnings noise or shortfalls. Overall, the news is idiosyncratic and more relevant for single-name volatility than broad risk sentiment.
Impact level
● Low
Affected assets
NCSIRUSSELL20002USD/USDT+0.18%
AI Insight · NCSIRUSSELL20002USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Cargojet reported second-quarter revenue of $275.8 million after markets closed on Monday, up 15.8 per cent year over year and above expectations. Net earnings were $7 million, compared with a net loss of $3.2 million a year earlier. Adjusted EBITDA rose to $87.3 million, also topping forecasts. AGT Food reported revenue of $634.2 million, up from $623.6 million a year ago.
