AutoCanada Q3 revenue misses estimates

Autocanada

13/11/2025 22:18

Overview

AutoCanada Q3 revenue fell 14.9% yr/yr, missing analyst expectations

Adjusted EBITDA for Q3 missed analyst expectations

Company reported net loss from continuing operations, but net income from discontinued operations improved

Outlook

AutoCanada targets C$115 mln in annual cost savings by end of 2025

Company plans to expand collision operations and strengthen dealership network

AutoCanada expects C$82.7 mln from U.S. dealership divestitures

Result Drivers

REVENUE DECLINE - Revenue decreased 14.9% due to lower sales in new and used vehicles, parts and services, and finance and insurance

COST REDUCTION - Operating expenses before depreciation decreased 10.7%, reflecting ongoing cost reduction initiatives

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
C$1.20 bln
C$1.34 bln (6 Analysts)
Q3 Net Income
-C$2.90 mln
Q3 Adjusted EBITDA
Miss
C$52.30 mln
C$60 mln (6 Analysts)
Q3 Adjusted EBITDA Margin
4.80%
Q3 Gross Profit
C$187.41 mln
Q3 Operating Income
C$24.15 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy"

Wall Street's median 12-month price target for AutoCanada Inc is C$35.00, about 35.6% above its November 12 closing price of C$22.55

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nCNW7J4qna

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)