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Cargojet Q2 Adjusted EPS Falls, Total Revenue Rises

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Cargojet (CJT.TO) reported second quarter adjusted earnings of C$0.67 per share compared with C$1.02 per share a year earlier.

Analysts polled by FactSet expected C$0.82.

Total revenue for the quarter ended June 30 was C$275.8 million compared with C$238.2 million a year earlier, the company added after markets closed Monday.

Analysts expected revenue of C$261.4 million.

The company's board of directors declared a cash dividend of C$0.385 per common voting share and variable voting share for the period from July 1 to Sept. 30, it added.

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