Finning International Inc. has delivered strong second-quarter results, exceeding earnings expectations and achieving record revenue.
On August 5, 2026, Finning International Inc. (FTT.TO) reported its second-quarter earnings, showcasing impressive growth metrics that underline the company's resilience in the industrial sector. The earnings release revealed a record EPS and significant revenue growth driven by strong equipment sales and product support growth across its regions.
Recent earnings trend
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Finning International Inc.
FTT.TO
FTT.TO
Finning International Inc.
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Market cap
$12.28B
P/E
22.6x
Div. yield
1.29%
Div. / share
$1.23
52W high
$109.58
52W low
$55.24
1W change
+1.56%
Beta
1.35
Analyst Price Targets
Based on analyst covering FTT
Wall Street analysts forecast FTT stock price to rise 29.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$121.67
+29.0% Upside
Current Price
C$94.35
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FTT's historical volatility
30-Day Vol
50.8%
Annualized
90-Day Vol
46.7%
Annualized
Trend (90d)
-44.8%
Annualized drift
90d Mean
C$80.40
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$89.45 | C$75.06 โ C$106.60 |
| 60 trading days | C$84.80 | C$66.18 โ C$108.68 |
| 90 trading days | C$80.40 | C$59.34 โ C$108.94 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. 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 |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-10 | โ | 1.2700 | โ |
| 2026-06-30 | 2026-08-06 | 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% |
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Investor takeaway: With solid earnings performance and a strong equipment backlog, Finning International seems well-positioned for continued growth in the industrial sector. However, investors should keep an eye on margin trends and the company's ability to manage costs in a competitive environment.
Record EPS of C$1.22, Up 21% Year Over Year
Finning's second-quarter EPS of C$1.22 exceeded analysts' estimates by 3.4%, reflecting strong operational performance and robust market demand across its segments.
Bull case
The positive earnings surprise and record revenue show that Finning is executing well and responding to market demand. The significant backlog suggests good visibility for future revenue, and ongoing investments in technician recruitment and training could improve product support capabilities.
Bear case
Despite the strong earnings, declining product support margins and a competitive landscape could put pressure on future profitability. Investors should be cautious about potential operational challenges as the company scales its workforce to meet demand.
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