Aecon Group Inc expected to post earnings of 41 cents a share - Earnings Preview

Aecon

03/03/2025 21:19

Aecon Group Inc ARE.TO  is expected to show a rise in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Toronto Ontario-based  company is expected to report a 5.3% increase in revenue to C$1.19 billion from C$1.13 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data. (SAL is based on Total Revenue Basis.)

‚ÄčLSEG's mean analyst estimate for Aecon Group Inc is for earnings of 41 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 was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Aecon Group Inc is C$31.00‚Äč, above‚Äč its last closing price of C$22.54. ‚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 %
Sep. 30 2024
0.79
0.78
0.85
Beat
8.8
Jun. 30 2024
-2.36
-2.42
-1.99
Beat
17.9
Mar. 31 2024
-0.20
-0.20
-0.10
Beat
49.4‚Äč
Dec. 31 2023
0.17
0.25
0.15
Missed
-40.8
‚Äč‚ÄčSep. 30 2023
0.50
0.46
1.63
Beat
251
Jun. 30 2023
0.12
0.11
0.38
Beat
234.1‚Äč
Mar. 31 2023
-0.22
-0.23
-0.15
Beat
35.1
Dec. 31 2022
0.19
0.20
0.26
Beat
27.1

This summary was machine generated March 3 at 21:19 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)