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

Pason Systems

02/05/2025 05:28

Pason Systems Inc PSI.TO reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 87 cents.  The mean expectation of three analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 24 cents to 29 cents per share.

Revenue rose 8% to C$113.18 million from a year ago; analysts expected C$106.30 million.

Pason Systems Inc's reported EPS for the quarter was 25 cents​.

The company reported quarterly net income of C$20.01 million.

Pason Systems Inc shares had fallen by 16.5% this quarter and lost 19.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.5% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

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$16.00

This summary was machine generated from LSEG data May 2 at 04:27 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
Mar. 31 2025
0.26
0.25
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