In This Article:
Trican Well Service (TSE:TCW) Full Year 2024 Results
Key Financial Results
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Revenue: CA$980.8m (flat on FY 2023).
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Net income: CA$109.5m (down 9.5% from FY 2023).
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Profit margin: 11% (down from 12% in FY 2023).
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EPS: CA$0.55 (down from CA$0.56 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Trican Well Service Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Energy Services industry in Canada.
Performance of the Canadian Energy Services industry.
The company's shares are up 8.6% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Trican Well Service 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.