North American Construction Group Ltd expected to post earnings of 93 cents a share - Earnings Preview

North American Construction

30/07/2024 03:58

* North American Construction Group Ltd  NOA.TO   is
expected
to show a rise in quarterly revenue when it reports  results on
July 31 for the period ending June 30 2024
    * The Acheson Alberta-based  company is expected to report a
69.9% increase in revenue to $328.816 million from $193.57
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for North American
Construction
Group Ltd is for earnings of 93 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 10.8%
in the last three months. ​
    * Wall Street's median 12-month price target for North
American
Construction Group Ltd is C$41.50​, above​ its last closing
price of C$26.64. ​​​

This summary was machine generated July 30 at 02:58 GMT.  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)