Post by
zack50 on Nov 17, 2024 10:46am
EPS and revenues exceed analyst expectations...
Third quarter 2024 results:
* EPS: CA$0.25 (up from CA$0.078 in 3Q 2023).
* Revenue: CA$282.4m (up 38% from 3Q 2023).
* Net income: CA$29.5m (up 217% from 3Q 2023).
* Profit margin: 10% (up from 4.5% in 3Q 2023).
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 85%.
Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Canada.
Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.