Bullboard - Stock Discussion Forum Cargojet Inc T.CJT

Alternate Symbol(s): CGJTF | T.CJT.DB.E | T.CJT.DB.F

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Cargojet Inc. is a Canada-based company, which is a provider of time-sensitive premium air cargo services to all major cities across North America. The Company also provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis, operating between points in Canada, the United States of America, Mexico, South America, Europe, and Asia. The Company operates... see more

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TSX:CJT - Post Discussion

Cargojet Inc > Another View

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Post by retiredcf on Nov 07, 2021 8:00am

Another View

Q: Why would CJT's seemingly improved results YoY this quarter be met with such a sell-off?

Markets seemed to be concerned with margin pressure due to inflationary costs that CJT saw. Aside from this, the quarter looked fine to us with top-line growth and a positive demand outlook. Fairly big moves after earnings are not unusual for CJT so we would not be too concerned with the move after the release.

So said the team at 5iResearch.

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