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Aecon Group Inc. (ARE.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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14.22+0.59 (+4.33%)
At close: 4:00PM EDT
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Previous Close13.63
Open13.89
Bid14.21 x 0
Ask14.25 x 0
Day's Range13.87 - 14.87
52 Week Range10.94 - 19.32
Volume819,525
Avg. Volume254,730
Market Cap851.441M
Beta (5Y Monthly)0.92
PE Ratio (TTM)19.22
EPS (TTM)0.74
Earnings DateOct. 30, 2020
Forward Dividend & Yield0.64 (4.70%)
Ex-Dividend DateSep. 21, 2020
1y Target Est19.95
  • ACCESSWIRE

    Aecon Group, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / October 30, 2020 / Aecon Group, Inc.

  • Aecon beats expectations as third quarter helped by federal subsidy program
    The Canadian Press

    Aecon beats expectations as third quarter helped by federal subsidy program

    TORONTO — Aecon Group Inc. beat expectations as its net profit surged to $73.6 million in the third quarter as it was helped by the federal wage subsidy program.The Toronto-based construction firm said it earned 99 cents per diluted share for the three months ended Sept. 30, compared with 60 cents per share or $42.1 million a year earlier.Revenues increased about one per cent to $1.04 billion, from $1.02 billion.Aecon was expected to earn 41 cents per share on $1 billion of revenues, according to financial markets data firm Refinitiv.The company said it received $69 million from the Canada Emergency Wage Subsidy, which helps companies maintain employment as they deal with the impact of COVID-19.Its backlog was about $6.7 billion, up from $6.6 billion in the third quarter of 2019."Since the beginning of the COVID-19 pandemic, Aecon has been well served by the diversity and resilience of its operations," said CEO Jean-Louis Servranckx."While we have certainly been impacted by COVID-19, operating conditions have stabilized and Aecon's underlying business performance remains strong."This report by The Canadian Press was first published Oct. 29, 2020.Companies in this story: (TSX:ARE)The Canadian Press

  • Minister Guilbeault Announces Appointment of New Executive Director of the Canadian Race Relations Foundation
    CNW Group

    Minister Guilbeault Announces Appointment of New Executive Director of the Canadian Race Relations Foundation

    The Government of Canada announces the appointment of Mohammed Hashim as Executive Director of the Canadian Race Relations FoundationGATINEAU, QC, Oct. 6, 2020 /CNW Telbec/ - The Honourable Steven Guilbeault, Minister of Canadian Heritage, announced today the appointment of Mohammed Hashim as the new Executive Director of the Canadian Race Relations Foundation for a five-year term, beginning October 13, 2020.