Trican Well Service Ltd (TSX:TCW, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $222.65 million, and the earnings are expected to come in at $0.13 per share. The full year 2024's revenue is expected to be $958.21 million and the earnings are expected to be $0.52 per share. More detailed estimate data can be found on the Forecast page.
Trican Well Service Ltd (TSX:TCW, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Trican Well Service Ltd (TSX:TCW) for the full year 2024 have increased from $951.37 million to $958.21 million. For 2025, the estimates have declined from $1.01 billion to $1.00 billion. Earnings estimates for the full year 2024 have remained flat at $0.52 per share. For 2025, earnings estimates have declined from $0.60 per share to $0.59 per share.
Trican Well Service Ltd (TSX:TCW, Financial) Reported History
In the previous quarter of 2024-06-30, Trican Well Service Ltd's (TSX:TCW) actual revenue was $211.81 million, which beat analysts' revenue expectations of $211.80 million by 0.01%. Trican Well Service Ltd's (TSX:TCW) actual earnings were $0.08 per share, which beat analysts' earnings expectations of $0.073 per share by 9.59%. After releasing the results, Trican Well Service Ltd (TSX:TCW) was flat in one day.
Trican Well Service Ltd (TSX:TCW, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 8 analysts, the average target price for Trican Well Service Ltd (TSX:TCW) is $5.81 with a high estimate of $6.75 and a low estimate of $4.75. The average target implies an upside of 30.62% from the current price of $4.45.
Based on GuruFocus estimates, the estimated GF Value for Trican Well Service Ltd (TSX:TCW, Financial) in one year is $5.49, suggesting an upside of 23.37% from the current price of $4.45.
Based on the consensus recommendation from 8 brokerage firms, Trican Well Service Ltd's (TSX:TCW, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
