Trican Well Service First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Trican Well Service (TSE:TCW) First Quarter 2025 Results

Key Financial Results

• Revenue: CA$259.1m (down 4.7% from 1Q 2024).
• Net income: CA$31.9m (down 23% from 1Q 2024).
• Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by lower revenue.
• EPS: CA$0.17 (down from CA$0.20 in 1Q 2024).

Our free stock report includes 2 warning signs investors should be aware of before investing in Trican Well Service. Read for free now.

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

Trican Well Service EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 11%.

Looking ahead, revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Canada are expected to grow by 10%.

Performance of the Canadian Energy Services industry.

The company's shares are up 6.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Trican Well Service (1 is a bit concerning!) that you need to be mindful of.

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