Bullboard - Stock Discussion Forum Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public... see more

Add To Watchlist

TSX:ARE - Post Discussion

Aecon Group Inc > New Press Release - Aecon reports second quarter 2024 results

View:

(0)
•••

Post by PressRelease on Jul 24, 2024 5:17pm

New Press Release - Aecon reports second quarter 2024 results

TORONTO, July 24, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the second quarter of 2024. “With backlog of $6.2 billion and strong demand for Aecon’s services including recurring revenue programs, Aecon is well-positioned to...read article.

141

Comment

Comment by Gabriel on Jul 24, 2024 5:40pm

Average EPS of 7 analysts was expected at -2.357$ Came up at -1.99$. We actually did better than expected elsewhere. And we are flush with cash as a result of the settlement with CGL. We got 127m less it we converted some of the 500m or so unbilled revenue into cash. https://markets.businessinsider.com/news/stocks/aecon_group-stock-quarter-earnings-preview-q2-1033582429

226

Comment

Aecon Group Inc