North American Construction Group (NOA) Set to Announce Quarterly Earnings on Wednesday

North American Construction Group (NYSE:NOA) (TSE:NOA) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.51 per share for the quarter. North American Construction Group has set its FY 2024 guidance at 3.120-3.490 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

North American Construction Group (NYSE:NOA) (TSE:NOA) last posted its quarterly earnings data on Wednesday, March 13th. The oil and gas company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $239.70 million for the quarter, compared to analyst estimates of $229.31 million. North American Construction Group had a return on equity of 22.18% and a net margin of 6.60%. On average, analysts expect North American Construction Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

North American Construction Group Stock Performance

NYSE:NOA opened at $21.32 on Wednesday. The company has a market capitalization of $570.10 million, a PE ratio of 13.67 and a beta of 1.53. North American Construction Group has a fifty-two week low of $18.02 and a fifty-two week high of $26.30. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.71 and a current ratio of 0.91. The company has a 50 day simple moving average of $23.33 and a two-hundred day simple moving average of $21.92.

North American Construction Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 8th were given a dividend of $0.074 per share. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from North American Construction Group’s previous quarterly dividend of $0.07. This represents a $0.30 annualized dividend and a dividend yield of 1.39%. North American Construction Group’s dividend payout ratio is 18.59%.

Analyst Upgrades and Downgrades

NOA has been the subject of a number of recent analyst reports. TD Cowen upgraded North American Construction Group from a “hold” rating to a “buy” rating in a report on Thursday, April 18th. StockNews.com upgraded North American Construction Group from a “hold” rating to a “buy” rating in a report on Monday, March 11th.

About North American Construction Group

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.