North American Construction Group (NOA) to Release Earnings on Wednesday

North American Construction Group (NYSE:NOA) (TSE:NOA) is set to announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.79 per share for the quarter. North American Construction Group has set its FY 2024 guidance at 2.890-3.033 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

North American Construction Group (NYSE:NOA) (TSE:NOA) last announced its quarterly earnings data on Wednesday, July 31st. The oil and gas company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.04. North American Construction Group had a net margin of 4.97% and a return on equity of 21.72%. The firm had revenue of $201.95 million during the quarter, compared to analysts’ expectations of $230.03 million. On average, analysts expect North American Construction Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

North American Construction Group Price Performance

North American Construction Group stock opened at $17.42 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 1.82. North American Construction Group has a 52-week low of $16.46 and a 52-week high of $25.92. The firm has a market cap of $465.76 million, a PE ratio of 13.20 and a beta of 1.49. The company’s 50 day moving average is $18.53 and its two-hundred day moving average is $19.46.

North American Construction Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, August 30th were given a dividend of $0.073 per share. The ex-dividend date was Friday, August 30th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.68%. This is a positive change from North American Construction Group’s previous quarterly dividend of $0.07. North American Construction Group’s dividend payout ratio is currently 21.97%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded North American Construction Group from a “buy” rating to a “hold” rating in a report on Saturday, August 3rd.

North American Construction Group Company Profile

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.