Aecon Group Inc expected to post a loss of 14 cents a share - Earnings Preview

Aecon

21/04/2025 21:27

Aecon Group Inc ARE.TO  is expected to show a rise in quarterly revenue when it reports  results on April 23 for the period ending March 31 2025

The Toronto Ontario-based  company is expected to report a 8.6% increase in revenue to C$919.596 million from C$846.59 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Aecon Group Inc is for a loss of 14 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 2.1% in the last three months. ‚Äč

Wall Street's median 12-month price target for Aecon Group Inc is C$24.00‚Äč, above‚Äč its last closing price of C$17.34. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.50
0.41
0.21
Missed
-49.3
Sep. 30 2024
0.79
0.78
0.85
Beat
8.8
Jun. 30 2024
-2.36
-2.42
-1.99
Beat
17.9‚Äč
Mar. 31 2024
-0.20
-0.20
-0.10
Beat
49.4
‚Äč‚ÄčDec. 31 2023
0.17
0.25
0.15
Missed
-40.8
Sep. 30 2023
0.50
0.46
1.63
Beat
251‚Äč
Jun. 30 2023
0.12
0.11
0.38
Beat
234.1
Mar. 31 2023
-0.22
-0.23
-0.15
Beat
35.1

This summary was machine generated April 21 at 20:27 GMT.  All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)