North American Construction Group (NOA) Scheduled to Post Quarterly Earnings on Wednesday

North American Construction Group (NYSE:NOA) (TSE:NOA) is scheduled to announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.58 per share for the quarter. North American Construction Group has set its FY 2024 guidance at 3.120-3.490 EPS.Investors interested in listening to the company’s conference call can do so using this link.

North American Construction Group (NYSE:NOA) (TSE:NOA) last issued its quarterly earnings results on Thursday, May 2nd. The oil and gas company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.01). North American Construction Group had a net margin of 5.21% and a return on equity of 19.48%. The firm had revenue of $220.33 million for the quarter, compared to analyst estimates of $217.28 million. During the same quarter last year, the business posted $0.71 earnings per share. 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 Stock Up 0.5 %

Shares of NOA stock opened at $19.28 on Tuesday. North American Construction Group has a 1 year low of $18.92 and a 1 year high of $25.92. The stock has a market cap of $515.35 million, a PE ratio of 14.56 and a beta of 1.50. The business’s fifty day moving average is $19.94 and its 200-day moving average is $21.72. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.81 and a current ratio of 1.04.

North American Construction Group Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 5th. Stockholders of record on Friday, May 31st were given a dividend of $0.0726 per share. This represents a $0.29 annualized dividend and a dividend yield of 1.51%. The ex-dividend date was Friday, May 31st. North American Construction Group’s dividend payout ratio (DPR) is presently 21.97%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NOA shares. TD Cowen upgraded North American Construction Group from a “hold” rating to a “buy” rating in a research report on Thursday, April 18th. StockNews.com cut North American Construction Group from a “buy” rating to a “hold” rating in a report on Thursday, July 25th.

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.