Dexterra Group Third Quarter 2024 Earnings: EPS Misses Expectations

Simply Wall St

November 08, 2024

Dexterra Group (TSE:DXT) Third Quarter 2024 Results

Key Financial Results

Revenue: CA$269.7m (up 1.5% from 3Q 2023).
Net income: CA$13.4m (down 3.9% from 3Q 2023).
Profit margin: 5.0% (down from 5.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
EPS: CA$0.21 (down from CA$0.21 in 3Q 2023).

earnings-and-revenue-growth — TSX:DXT Earnings and Revenue Growth November 8th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dexterra Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Commercial Services industry in Canada.

Performance of the Canadian Commercial Services industry.

The company's shares are up 4.9% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Dexterra Group's balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.