North American Construction Q1 Adj. EPS CAD0.78 Down From CAD0.96 YoY; CAD297.026M Up From CAD244.329M YoY
Portfolio Pulse from Benzinga Newsdesk
North American Construction Group Ltd. (NOA) reported an adjusted EPS of CAD0.78, a decrease from CAD0.96 year-over-year. However, their revenue increased to CAD297.026M from CAD244.329M in the same period.
May 01, 2024 | 10:18 pm
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North American Construction Group Ltd. (NOA) sees a decrease in adjusted EPS but an increase in revenue year-over-year.
The decrease in EPS could concern investors looking for profitability, while the increase in revenue might indicate growth or improved market conditions. The mixed results present a neutral outlook, as the positive revenue growth could offset concerns about the decreased EPS in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100