Trican Well Service Future Growth

Future criteria checks 0/6

Trican Well Service's revenue and earnings are forecast to decline at 1% and 6.8% per annum respectively. EPS is expected to decline by 1.9% per annum. Return on equity is forecast to be 18.1% in 3 years.

Key information

-6.8%

Earnings growth rate

-1.9%

EPS growth rate

Energy Services earnings growth	0.7%
Revenue growth rate	-1.0%
Future return on equity	18.1%
Analyst coverage	Good
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

Mar 01

If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity

Feb 03

Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns

Nov 10

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate

Sep 16

Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital

Aug 04

The Return Trends At Trican Well Service (TSE:TCW) Look Promising

Mar 19

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 30% Below Their Intrinsic Value Estimate

Dec 08

These 4 Measures Indicate That Trican Well Service (TSE:TCW) Is Using Debt Reasonably Well

Sep 23

Trican Well Service (TSE:TCW) Is Doing The Right Things To Multiply Its Share Price

Jul 10

Trican Well Service (TSE:TCW) Shareholders Have Enjoyed An Impressive 113% Share Price Gain

Mar 02

A Look At The Fair Value Of Trican Well Service Ltd. (TSE:TCW)

Jan 01

Earnings and Revenue Growth Forecasts

TSX:TCW - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	994	118	105	205	2
12/31/2025	1,033	129	125	216	8
12/31/2024	965	116	97	204	8
12/31/2023	973	121	169	248	N/A
9/30/2023	954	118	140	235	N/A
6/30/2023	960	120	133	224	N/A
3/31/2023	944	112	71	173	N/A
12/31/2022	866	79	49	152	N/A
9/30/2022	786	63	8	105	N/A
6/30/2022	692	34	-2	80	N/A
3/31/2022	633	24	5	74	N/A
12/31/2021	562	12	20	74	N/A
9/30/2021	509	-20	45	77	N/A
6/30/2021	418	-52	24	47	N/A
3/31/2021	353	-71	45	59	N/A
12/31/2020	397	-228	58	71	N/A
9/30/2020	458	-229	33	45	N/A
6/30/2020	513	-221	10	33	N/A
3/31/2020	590	-222	11	39	N/A
12/31/2019	636	-71	-5	29	N/A
9/30/2019	605	-202	33	79	N/A
6/30/2019	729	-198	59	123	N/A
3/31/2019	795	-205	34	107	N/A
12/31/2018	864	-229	26	101	N/A
9/30/2018	1,013	-61	86	156	N/A
6/30/2018	1,122	-2	108	158	N/A
3/31/2018	1,087	40	83	124	N/A
12/31/2017	930	19	103	134	N/A
9/30/2017	764	62	N/A	24	N/A
6/30/2017	479	0	N/A	-26	N/A
3/31/2017	375	-48	N/A	-31	N/A
12/31/2016	325	-41	N/A	-94	N/A
9/30/2016	368	-114	N/A	-89	N/A
6/30/2016	483	-88	N/A	-45	N/A
3/31/2016	530	-85	N/A	-37	N/A
12/31/2015	650	-61	N/A	120	N/A
9/30/2015	1,189	-33	N/A	124	N/A
6/30/2015	1,685	-5	N/A	131	N/A
3/31/2015	1,983	-13	N/A	179	N/A
12/31/2014	2,407	-4	N/A	44	N/A
9/30/2014	2,262	-36	N/A	46	N/A
6/30/2014	2,122	-69	N/A	70	N/A
3/31/2014	2,140	-80	N/A	118	N/A
12/31/2013	2,115	-46	N/A	172	N/A
9/30/2013	2,049	-33	N/A	194	N/A
6/30/2013	2,094	-16	N/A	101	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCW's earnings are forecast to decline over the next 3 years (-6.8% per year).

Earnings vs Market: TCW's earnings are forecast to decline over the next 3 years (-6.8% per year).

High Growth Earnings: TCW's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TCW's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: TCW's revenue is forecast to decline over the next 3 years (-1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TCW's Return on Equity is forecast to be low in 3 years time (18.1%).

Trican Well Service Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 17%

Price target increased by 7.0% to CA$5.81

Price target increased to CA$5.95

Consensus EPS estimates increase by 17%

Consensus EPS estimates increase by 37%

Price target increased to CA$5.08

Recent updates

Trican Well Service Ltd. to Report Q1, 2024 Results on May 13, 2024

Upcoming dividend of CA$0.045 per share

VP of Legal exercised options and sold CA$246k worth of stock

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

Trican Well Service Ltd., Annual General Meeting, May 14, 2024

Consensus EPS estimates fall by 17%

Fourth quarter dividend increased to CA$0.045

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity

New major risk - Revenue and earnings growth

Trican Well Service Ltd. Approves Dividend, Payable on December 29, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns

Trican Well Service Ltd. to Report Q3, 2023 Results on Nov 09, 2023

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate

Upcoming dividend of CA$0.04 per share at 3.2% yield

Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital

Price target increased by 7.0% to CA$5.81

Second quarter 2023 earnings: EPS exceeds analyst expectations

Trican Well Service Ltd. to Report Q2, 2023 Results on Aug 01, 2023

Vice President of Sales & Marketing recently bought CA$81k worth of stock

Upcoming dividend of CA$0.04 per share at 4.8% yield

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

The Return Trends At Trican Well Service (TSE:TCW) Look Promising

Upcoming dividend of CA$0.04 per share

Full year 2022 earnings released: EPS: CA$0.33 (vs CA$0.048 in FY 2021)

Trican Well Service Ltd. to Report Q4, 2022 Results on Feb 22, 2023

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 30% Below Their Intrinsic Value Estimate

Price target increased to CA$5.95

Third quarter 2022 earnings: EPS exceeds analyst expectations

Trican Well Service Ltd. to Report Q3, 2022 Results on Nov 09, 2022

Investor sentiment deteriorated over the past week

These 4 Measures Indicate That Trican Well Service (TSE:TCW) Is Using Debt Reasonably Well

Consensus EPS estimates increase by 17%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Trican Well Service (TSE:TCW) Is Doing The Right Things To Multiply Its Share Price

Trican Well Service Ltd. to Report Q2, 2022 Results on Jul 26, 2022

We Think Trican Well Service (TSE:TCW) Can Stay On Top Of Its Debt

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase by 37%

First quarter 2022 earnings: EPS misses analyst expectations

Price target increased to CA$5.08

Price target increased to CA$4.85

Trican Well Service Ltd. to Report Q1, 2022 Results on May 11, 2022

Trican Well Service Ltd., Annual General Meeting, May 12, 2022

Robust Earnings May Not Tell The Whole Story For Trican Well Service (TSE:TCW)

Full year 2021 earnings: EPS exceeds analyst expectations

Independent Chairman of the Board recently bought CA$59k worth of stock

Third quarter 2021 earnings released: EPS CA$0.036 (vs CA$0.098 loss in 3Q 2020)

Price target increased to CA$4.16

Second quarter 2021 earnings released: CA$0.033 loss per share (vs CA$0.11 loss in 2Q 2020)

Independent Chairman of the Board recently bought CA$53k worth of stock

Independent Chairman of the Board recently bought CA$53k worth of stock

Independent Director Michael Rapps has left the company

Independent Director Michael Rapps has left the company

Interim Chief Financial Officer Klaas Deemter has left the company

Price target increased to CA$3.02

Price target increased to CA$2.85

Forecast breakeven pushed back to 2023

Lead Independent Director has left the company

Independent Director has left the company

Forecast breakeven pushed back to 2023

First quarter 2021 earnings released: EPS CA$0.007 (vs CA$0.58 loss in 1Q 2020)

Price target increased to CA$2.74

When Will Trican Well Service Ltd. (TSE:TCW) Turn A Profit?

Independent Director recently sold CA$53k worth of stock

Trican Well Service Ltd., Annual General Meeting, May 13, 2021

Trican Well Service (TSE:TCW) Shareholders Have Enjoyed An Impressive 113% Share Price Gain