Overview
Canada's aerospace electronics supplier Q4 revenue rose 14.2%
Adjusted EPS for Q4 beat analyst expectations
Outlook
Company expects defense program deliveries to start in 2026 and ramp up through 2027
Company continues integration of FLYHT acquisition to enhance product offerings
Result Drivers
DEFENSE PROGRAMS - In 2025, FTG Circuits qualified for two significant classified defense programs, with deliveries starting in 2026 and ramping up through 2027
DIVERSIFICATION EFFORTS - In 2025, FTG ramped up deliveries for China's C919 jet and began deliveries for De Havilland's DHC-515 program, reducing U.S. tariff risks
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
C$51.70 mln
C$50.58 mln (2 Analysts)
Q4 Adjusted EPS
Beat
C$0.14
C$0.13 (3 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Firan Technology Group Corp is C$17.50, about 6.9% above its February 17 closing price of C$16.37
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 16 three months ago
Press Release: ID:nGNX4Wj3gx
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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.)