Aecon Group Inc. reports results for the quarter ended September 30 - Earnings Summary
Aecon Group Inc. reports results for the quarter ended September 30 - Earnings Summary
Aecon Group Inc. ARE.TO reported quarterly adjusted earnings of 86 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of ten analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 67 cents to 83 cents per share.
Revenue rose 25.5% to C$1.92 billion from a year ago; analysts expected C$1.77 billion.
Aecon Group Inc.'s reported EPS for the quarter was 74 cents.
The company reported quarterly net income of C$52.9 million.
Aecon Group Inc. shares had fallen by 1.5% this quarter and gained 70.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.5% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy"
Wall Street's median 12-month price target for Aecon Group Inc. is C$60.00, about 10.9% above its last closing price of C$53.46
This summary was machine generated from LSEG data October 29 at 11:58 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 0.74 | 0.86 | Beat |
Jun. 30 2026 | 0.30 | 0.33 | Beat |
Mar. 31 2026 | -0.22 | -0.21 | Beat |
Dec. 31 2025 | 0.32 | 0.52 | Beat |
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Aecon Group Inc. reports results for the quarter ended September 30 - Earnings Summary