North American Construction Group (NYSE:NOA – Get Free Report) (TSE:NOA) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.900-3.042 for the period, compared to the consensus earnings per share estimate of 3.930. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.2 billion.
North American Construction Group Trading Up 2.3 %
Shares of NYSE:NOA opened at $17.18 on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 1.82. The company’s 50-day moving average price is $18.44 and its 200 day moving average price is $19.39. The company has a market cap of $460.96 million, a PE ratio of 12.36 and a beta of 1.49. North American Construction Group has a fifty-two week low of $16.46 and a fifty-two week high of $25.92.
North American Construction Group (NYSE:NOA – Get Free Report) (TSE:NOA) last announced its earnings results on Wednesday, July 31st. The oil and gas company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.04. North American Construction Group had a return on equity of 21.72% and a net margin of 4.97%. The firm had revenue of $201.95 million for the quarter, compared to the consensus estimate of $230.03 million. Sell-side analysts anticipate that North American Construction Group will post 2.7 earnings per share for the current year.
Analysts Set New Price Targets
Check Out Our Latest Report on NOA
About North American Construction Group
North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.
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