North American Construction Group Ltd expected to post earnings of C$1.03 a share - Earnings Preview

• North American Construction Group Ltd NOA.TO is expected to show a fall in quarterly revenue when it reports results on March 19 for the period ending December 31 2024

• The Acheson Alberta-based company is expected to report a 5.5% decrease in revenue to C$308.357 million from C$326.3 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on December 5 2024, for the period ended December 31, was for revenue between C$350.00 million and C$375.00 million.

• ​LSEG's mean analyst estimate for North American Construction Group Ltd is for earnings of C$1.03 per share. The company's EPS guidance on December 5 2024, for the period ended December 31, was between C$1.00 and C$1.10

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for North American Construction Group Ltd is C$38.00​, above​ its last closing price of $16.74. ​​​

The company's guidance on December 5 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between CAD350 million and CAD110 million.

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

This summary was machine generated March 17 at 20:02 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)