Pason Systems Inc reports results for the quarter ended December 31 - Earnings Summary

Pason Systems

28/02/2025 24:43

Pason Systems Inc PSI.TO reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 11 cents.  The mean expectation of three analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 22 cents to 25 cents per share.

Revenue rose 15.4% to C$107.63 million from a year ago; analysts expected C$103.73 million.

Pason Systems Inc's reported EPS for the quarter was 21 cents​.

The company reported quarterly net income of C$16.93 million.

Pason Systems Inc shares had fallen by 5.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 also "buy"

Wall Street's median 12-month price target for Pason Systems Inc is C$18.00

This summary was machine generated from LSEG data February 28 at 12:42 a.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.23
0.21
Missed
Sep. 30 2024
0.26
0.30
Beat
Jun. 30 2024
0.20
0.14
Missed
Mar. 31 2024
0.32
0.87
Beat