
As Calfrac Well Services Ltd. prepares to report its earnings, all eyes are on whether the company can maintain its impressive streak of beating estimates.
Calfrac Well Services Ltd. (CFW.TO) will release its next earnings report on August 6, 2026, after the market closes. Investors are eagerly awaiting the results, as the company has shown a strong ability to exceed earnings expectations in recent quarters. The consensus estimate for this report is an EPS of 0.27, a notable decrease from the same period last year when the EPS was also 0.27. With fluctuating energy prices and operational challenges in the mix, this earnings call will offer important insights into Calfrac's performance and future outlook.
Recent earnings trend
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Calfrac Well Services Ltd.
CFW.TO
CFW.TO
Calfrac Well Services Ltd.
Market cap
$706.60M
P/E
9.7x
52W high
$7.35
52W low
$3.02
1W change
+2.04%
Beta
0.48
Analyst Price Targets
Based on analyst covering CFW
Wall Street analysts forecast CFW stock price to rise 26.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$8.83
+26.2% Upside
Current Price
C$7.00
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 CFW's historical volatility
30-Day Vol
36.2%
Annualized
90-Day Vol
48.6%
Annualized
Trend (90d)
+3.0%
Annualized drift
90d Mean
C$7.08
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$7.03 | C$6.20 – C$7.96 |
| 60 trading days | C$7.05 | C$5.91 – C$8.41 |
| 90 trading days | C$7.08 | C$5.70 – C$8.79 |
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.
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Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-06 | — | 0.2700 | — |
| 2026-03-31 | 2026-03-31 | — | -0.0400 | — |
| 2025-12-31 | 2026-03-19 | 0.1500 | -0.0600 | +350.0% |
| 2025-09-30 | 2025-11-14 | 0.0700 | -0.0100 | +800.0% |
| 2025-06-30 | 2025-08-08 | 0.2700 | 0.1400 | +92.9% |
| 2025-03-31 | 2025-05-15 | 0.1100 | -0.0500 | +320.0% |
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Investor takeaway: Investors should keep a close eye on Calfrac's upcoming earnings report. The company's historical performance suggests it may continue to outperform expectations, even with a projected decline in EPS growth. Understanding the context of these results will be crucial for assessing the company's trajectory in the competitive energy services sector.
Calfrac's EPS Estimate Declines by 33.6% Year-Over-Year
The consensus EPS estimate for the upcoming report is set at 0.27, down from 0.27 in the same quarter last year. This indicates a challenging environment for the company as it faces a projected revenue decline of 11.9%.
Bull case
Calfrac has consistently outperformed analysts' expectations in its past four quarters. This shows its strong operational capacity and adaptability in a tough market. The company’s ability to respond to changing demand in the energy sector could lead to a surprise in its upcoming earnings report, especially if it takes advantage of recent trends in energy pricing.
Bear case
Despite its track record of beating estimates, Calfrac faces significant challenges ahead. Analysts project declines in both EPS and revenue for the upcoming quarter. If the company doesn’t tackle operational inefficiencies or if energy prices remain volatile, it may struggle to meet even these lowered expectations.
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