Finning International Inc. has posted a solid earnings report for Q2 2026, showcasing resilience and growth amidst a competitive landscape.
Finning International Inc. (FTT.TO) reported its Q2 2026 earnings on August 5, 2026, revealing an earnings per share (EPS) of $1.22, which is 3.4% above analyst expectations. This performance highlights the company's effective strategy and strong demand across its operational regions.
Recent earnings trend
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Finning International Inc.
FTT.TO
FTT.TO
Finning International Inc.
WealthAwesomeMarket cap
$12.46B
P/E
24.5x
Div. yield
1.23%
Div. / share
$1.21
52W high
$109.58
52W low
$55.24
1W change
+1.99%
Beta
1.35
Analyst Price Targets
Based on analyst covering FTT
Wall Street analysts forecast FTT stock price to rise 26.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$120.78
+26.5% Upside
Current Price
C$95.47
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FTT's historical volatility
30-Day Vol
51.8%
Annualized
90-Day Vol
47.0%
Annualized
Trend (90d)
-9.2%
Annualized drift
90d Mean
C$92.39
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$94.43 | C$78.98 – C$112.91 |
| 60 trading days | C$93.41 | C$72.54 – C$120.27 |
| 90 trading days | C$92.39 | C$67.79 – C$125.91 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 7 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-05 | 1.2200 | 1.1800 | +3.4% |
| 2026-03-31 | 2026-05-12 | 0.9227 | 1.0200 | -9.5% |
| 2025-12-31 | 2026-02-10 | 1.0000 | 1.0600 | -5.7% |
| 2025-09-30 | 2025-11-11 | 1.1700 | 1.0300 | +13.6% |
| 2025-06-30 | 2025-08-05 | 1.0100 | 1.0800 | -6.5% |
| 2025-03-31 | 2025-05-12 | 0.9900 | 0.8600 | +15.1% |
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Investor takeaway: Investors should pay attention to Finning's strong revenue growth and record equipment backlog, which indicate robust future demand. However, the slight dip in EBIT margins is something to consider as the company balances growth with cost management.
Record EPS Growth: 21% Year-over-Year
Finning's EPS of $1.22 reflects a 21% increase compared to Q2 2025, showing effective operational execution and strong market demand.
Bull case
The company’s 20% revenue growth year-over-year and a record equipment backlog of $3.8 billion signal strong future performance. Additionally, the 11% increase in product support revenue is a positive sign of ongoing customer demand.
Bear case
Despite the positive earnings surprise, the decline in EBIT margins and the rise in SG&A expenses could pose challenges. Investors should keep an eye on how Finning manages its costs moving forward.
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