Canada's Flexible Solutions Q3 revenue up 36%, helped by full operations at Panama factory

Flexible Solutions International

Mon 14:08

Overview
Canada biodegradable polymer maker's Q3 revenue rose 36% yr/yr
Growth driven by Panama factory, ENP division, and food grade production progress
Full Q3 financial results to be released November 13, 2026

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
PANAMA FACTORY - Co said full operations at Panama factory contributed to Q3 revenue growth
ENP DIVISION - Co said ENP division had a strong quarter, helping drive Q3 results
FOOD GRADE PRODUCTION - Co said progress in food grade production supported Q3 performance

Company press release: ID:nGNX8ht0nj

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
 
$14.35 mln
$13.91 mln (2 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Flexible Solutions International Inc is $10.25, about 69.4% above its October 16 closing price of $6.05
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Oct 16 - Logistics firm DHL's Q3 revenue climbs on higher demand; raises FY26 EBIT outlook

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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.)