TerraVest Industries Inc reports results for the quarter ended June 30 - Earnings Summary
TerraVest Industries Inc reports results for the quarter ended June 30 - Earnings Summary
TerraVest Industries Inc TVK.TO reported quarterly adjusted earnings of C$1.40 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of four analysts for the quarter was for earnings of 54 cents per share. Wall Street expected results to range from 43 cents to 69 cents per share.
Revenue rose 13.6% to C$460.89 million from a year ago; analysts expected C$453.05 million.
TerraVest Industries Inc's reported EPS for the quarter was C$1.40.
The company reported quarterly net income of C$30.87 million.
TerraVest Industries Inc shares had risen by 5.6% this quarter and lost 25.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 11% 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 5 "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 TerraVest Industries Inc is C$155.00, about 20.9% above its last closing price of C$122.57
This summary was machine generated from LSEG data August 13 at 11:08 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 |
Jun. 30 2026 | 0.54 | 1.40 | Beat |
Mar. 31 2026 | 0.60 | 0.45 | Missed |
Dec. 31 2025 | 0.37 | 1.50 | Beat |
Sep. 30 2025 | 0.69 | 0.83 | Beat |
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