Enerflex Q3 revenue beats estimates

Enerflex

06/11/2025 11:19

Overview

Enerflex Q3 revenue grows to $777 mln, beating analyst expectations

Adjusted EBITDA reaches record $145 mln, driven by strong project execution

Company increases quarterly dividend by 13% to CAD$0.0425 per share

Outlook

Enerflex expects EI and AMS to account for 65% of gross margin in 2025

ES backlog of $1.1 bln supports revenue visibility into 2026

Company targets $120 mln in capital expenditures for 2025

Result Drivers

BISAT-C EXPANSION - Revenue growth driven by $116 mln contribution from Bisat-C Expansion in EH segment

PROJECT EXECUTION - Strong execution and early project milestone achievements boosted Q3 revenue

COST SAVINGS - SG&A expenses reduced by $11 mln due to cost-saving initiatives and operational efficiencies

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$777 mln
$689.98 mln (4 Analysts)
Q3 Net Income
$37 mln
Q3 Adjusted EBITDA
$145 mln
Q3 Operating Income
$102 mln
Q3 ROCE
16.90%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy"

Wall Street's median 12-month price target for Enerflex Ltd is C$19.00, about 6.2% above its November 5 closing price of C$17.82

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX3S9njv

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(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.)