Enerflex Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
Enerflex (TSE:EFX) Third Quarter 2022 Results
Key Financial Results
Revenue: CA$392.8m (up 70% from 3Q 2021).
Net loss: CA$32.8m (down from CA$6.96m profit in 3Q 2021).
CA$0.37 loss per share (down from CA$0.078 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enerflex Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Energy Services industry in Canada.
Performance of the Canadian Energy Services industry.
The company's shares are up 1.2% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Enerflex that you should be aware of before investing here.
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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.
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