
North American Construction Group Ltd's latest earnings report shows a significant miss in EPS estimates, raising questions about its operational performance.
In its recent earnings report for the fiscal period ending June 30, 2026, North American Construction Group Ltd (NOA.TO) reported an earnings per share (EPS) of CA$0.32, which is 13.5% lower than the CA$0.37 estimate. This continues a disappointing trend, as the company has not met EPS estimates in its last four quarters.
Recent earnings trend
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North American Construction Group Ltd
NOA.TO
NOA.TO
North American Construction Group Ltd
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Market cap
$521.45M
P/E
17.2x
52W high
$23.20
52W low
$16.25
1W change
-5.59%
Beta
1.15
Analyst Price Targets
Based on analyst covering NOA
Wall Street analysts forecast NOA stock price to rise 32.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$25.43
+32.2% Upside
Current Price
C$19.24
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 NOA's historical volatility
30-Day Vol
39.8%
Annualized
90-Day Vol
37.2%
Annualized
Trend (90d)
-16.5%
Annualized drift
90d Mean
C$18.14
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$18.87 | C$16.44 โ C$21.65 |
| 60 trading days | C$18.50 | C$15.23 โ C$22.47 |
| 90 trading days | C$18.14 | C$14.30 โ C$23.02 |
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: 3 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-11 | โ | 0.5600 | โ |
| 2026-06-30 | 2026-08-12 | 0.3200 | 0.3700 | -13.5% |
| 2026-03-31 | 2026-05-13 | 0.3700 | 0.4300 | -14.0% |
| 2025-12-31 | 2026-03-11 | -0.1400 | 0.7200 | -119.4% |
| 2025-09-30 | 2025-11-12 | 0.6700 | 0.6800 | -1.5% |
| 2025-06-30 | 2025-08-13 | 0.0200 | 0.7200 | -97.2% |
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Investor takeaway: With a history of missing earnings estimates and a challenging market environment, investors should approach North American Construction Group with caution, weighing the potential for recovery against ongoing operational challenges.
Bull case
The company has secured a five-year heavy equipment services contract. This could boost future revenues and help stabilize operations, potentially leading to improved earnings.
Bear case
Frequent earnings misses and a profit margin of only 2.63% raise concerns about the company's ability to handle market pressures and maintain profitability.
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