Overview

* Finning Q2 2025 revenue of CAD 2.6 bln missed analyst expectations, per LSEG data

* Adjusted EPS from continuing operations rose 5% but missed analyst estimates, per LSEG data

* Equipment backlog reached an all-time high of C$3.0 bln, driven by mining orders

Outlook

* Finning ( FINGF ) expects steady infrastructure activity in Chile's construction sector

* Company anticipates mixed outlook for Western Canada's resource development

* Finning ( FINGF ) expects soft construction demand in UK due to low GDP growth

Result Drivers

* PRODUCT SUPPORT - 5% growth in product support revenue across all regions, driven by increased demand from mining customers

* EQUIPMENT BACKLOG - Record equipment backlog of C$3 bln, fueled by large mining equipment orders in Canada

* SG&A EXPENSES - SG&A margin affected by C$16 mln increase in long-term incentive plan compensation due to 44% share price rise

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss C$2.61 C$2.74

Revenue bln bln (9

Analysts

)

Q2 Miss C$1.01 C$1.09

Adjusted (9

EPS Analysts

)

Q2 EPS C$0.94

Q2 EBIT C$203

mln

Q2 Free -C$164

Cash mln

Flow

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

* Wall Street's median 12-month price target for Finning International Inc ( FINGF ) is C$62.00, about 0.6% above its August 5 closing price of C$61.64

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)