11:57 AM EDT, 03/20/2025 (MT Newswires) -- (Updates shares.)
North American Construction Group ( NOA ) late on Wednesday reported its fourth-quarter weakened and missed analysts' estimates.
The company said it earned $4.8 million, or $0.19 per share, in the period, down from $17.6 million, or $0.58, in the year-prior quarter. Analysts polled by FactSet expected earnings per share of $1.03.
Revenue declined to $305.6 million, down from $328.3 million. Analysts polled by FactSet expected revenue of $302.2 million.
Adjusted EBITDA, however, rose to $103.7 million from $101.1 million.
The company expects combined revenue for 2025 at $1.4 billion to $1.6 billion, compared with 2024 actual revenue of $1.4 billion.
The company's shares were last seen down $1.06 to $23.81 on the Toronto Stock Exchange.
Price: 24.03, Change: -0.84, Percent Change: -3.38