05:29 PM EST, 02/04/2025 (MT Newswires) -- Finning International ( FINGF ) , after trade Tuesday, said its fourth-quarter adjusted profit rose above expectations on higher revenue.

The company, the world's largest Caterpillar equipment dealer, said adjusted earnings per share, excluding most one-time items, rose to $1.02 from $0.96 last year. FactSet's consensus estimate was $0.87.

Revenue rose 7% to $2.58 billion from $2.40 billion a year prior. FactSet projected $2.49 billion.

"We exited the year with strong momentum including record Q4 EPS of $1.02 while concurrently generating Q4 free cash flow of $399 million and rebuilding our backlog to a robust $2.6 billion," said Chief Executive Kevin Parkes said, adding that the company's focus in 2025 will be on executing its strategy to grow its used, rental, and power businesses to boost returns on invested capital.

The company's shares closed up $0.86 to $36.54 on the Toronto Stock Exchange.