Foraco International SA (TSX:FAR, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $133.47 million, and the earnings are expected to come in at $0.08 per share. The full year 2024's revenue is expected to be $455.43 million and the earnings are expected to be $0.59 per share. More detailed estimate data can be found on the Forecast page.
Foraco International SA (TSX:FAR, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Foraco International SA (TSX:FAR) have seen a decline, with forecasts for the full year 2024 adjusting from $495.87 million to $455.43 million, and projections for 2025 decreasing from $509.42 million to $554.33 million. Similarly, earnings estimates have been revised downward, moving from $0.72 per share to $0.59 per share for the full year 2024, and from $0.90 per share to $0.71 per share for 2025.
Foraco International SA (TSX:FAR, Financial) Reported History
In the previous quarter of June 30, 2024, Foraco International SA's (TSX:FAR) actual revenue was $108.24 million, which missed analysts' revenue expectations of $127.997 million by -15.44%. Foraco International SA's (TSX:FAR) actual earnings were $0.11 per share, which missed analysts' earnings expectations of $0.222 per share by -51.8%. After releasing the results, Foraco International SA (TSX:FAR) was down by -8.03% in one day.
Foraco International SA (TSX:FAR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for Foraco International SA (TSX:FAR) is $4.7 with a high estimate of $5.02 and a low estimate of $4.07. The average target implies an upside of 102.77% from the current price of $2.32.
Based on GuruFocus estimates, the estimated GF Value for Foraco International SA (TSX:FAR, Financial) in one year is $2.4, suggesting an upside of 3.45% from the current price of $2.32.
Based on the consensus recommendation from 3 brokerage firms, Foraco International SA's (TSX:FAR, Financial) average brokerage recommendation is currently 1.3, indicating a "Buy" 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.
