Aecon Group Inc <ARE.TO> expected to post a loss of 14 cents a share - Earnings Preview
Aecon Group Inc ARE.TO is expected to show a rise in quarterly revenue when it reports results on April 23 for the period ending March 31 2025
The Toronto Ontario-based company is expected to report a 8.6% increase in revenue to C$919.596 million from C$846.59 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.
LSEG's mean analyst estimate for Aecon Group Inc is for a loss of 14 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.
Wall Street's median 12-month price target for Aecon Group Inc is C$24.00, above its last closing price of C$17.34.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.50 | 0.41 | 0.21 | Missed | -49.3 |
Sep. 30 2024 | 0.79 | 0.78 | 0.85 | Beat | 8.8 |
Jun. 30 2024 | -2.36 | -2.42 | -1.99 | Beat | 17.9 |
Mar. 31 2024 | -0.20 | -0.20 | -0.10 | Beat | 49.4 |
Dec. 31 2023 | 0.17 | 0.25 | 0.15 | Missed | -40.8 |
Sep. 30 2023 | 0.50 | 0.46 | 1.63 | Beat | 251 |
Jun. 30 2023 | 0.12 | 0.11 | 0.38 | Beat | 234.1 |
Mar. 31 2023 | -0.22 | -0.23 | -0.15 | Beat | 35.1 |
This summary was machine generated April 21 at 20:27 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)
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