In This Article:
Foraco International (TSE:FAR) First Quarter 2025 Results
Key Financial Results
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Revenue: US$55.0m (down 29% from 1Q 2024).
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Net income: US$1.54m (down 83% from 1Q 2024).
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Profit margin: 2.8% (down from 12% in 1Q 2024). The decrease in margin was driven by lower revenue.
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EPS: US$0.016 (down from US$0.09 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Foraco International Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates by 44%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Foraco International that you should be aware of.
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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.