Canada's Black Diamond Q4 revenue beats expectations
Overview
Canada's space rental and accommodation firm's Q4 revenue and adjusted EBITDA beat expectations
Company's Q4 rental revenue rose 16% yr/yr, driven by increased project activity
Outlook
Black Diamond anticipates stable demand across its platform in the first half of 2026
Company expects incremental rental revenue growth driven by fleet additions and inflation
Result Drivers
PROJECT ACTIVITY - Increased project activity drove revenue growth in Workforce Solutions segment
MSS RENTAL REVENUE - Modular Space Solutions segment saw increased rental revenue from higher utilization and rental rates
Company press release: ID:nGNX29gbF5
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | C$144 mln | C$114.37 mln (5 Analysts) |
Q4 Adjusted EBITDA | Beat | C$38.9 mln | C$33.83 mln (5 Analysts) |
Q4 FFO |
| C$38.1 mln |
|
Q4 Adjusted EBIT | Beat | C$23.1 mln | C$19.31 mln (2 Analysts) |
Q4 Basic EPS |
| C$0.11 |
|
Q4 Capex |
| C$35.7 mln |
|
Q4 Gross Profit |
| C$60.3 mln |
|
Q4 Pretax Profit |
| C$14.8 mln |
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
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