Dexterra Group Third Quarter 2024 Earnings: EPS Misses Expectations

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).

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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