AtkinsRéalis Group (TSE:ATRL) Third Quarter 2024 Results
Key Financial Results
- Revenue: CA$2.45b (up 12% from 3Q 2023).
- Net income: CA$103.7m (down 1.2% from 3Q 2023).
- Profit margin: 4.2% (down from 4.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CA$0.59 (down from CA$0.60 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AtkinsRéalis Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.3%.
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Construction industry in Canada.
Performance of the Canadian Construction industry.
The company's shares are up 5.5% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on AtkinsRéalis Group's balance sheet.
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About TSX:ATRL
AtkinsRéalis Group
AtkinsRéalis operates as an integrated professional services and project management company worldwide.
Solid track record with adequate balance sheet.
