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SNC-Lavalin Group Earnings miss, Revenue beats In Q3

Published 2020-10-30, 02:18 p/m
Updated 2020-10-30, 02:18 p/m

Investing.com - SNC-Lavalin Group reported third quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.

The firm reported earnings per share of C$-0.19 on revenue of C$2.01B. Analysts polled by Investing.com anticipated EPS of C$0.18 on revenue of C$2B. .

SNC-Lavalin Group shares lost 10.21% to trade at C$18.56 in intra-day trade following the report.

For the year, SNC-Lavalin Group shares are down 38.03%, under-performing the S&P/TSX which is down 9.01% year to date.

SNC-Lavalin Group follows other major Capital Goods sector earnings this month


On Thursday, Aecon Group Inc. reported third quarter EPS of C$0.99 on revenue of C$1.04B, compared to forecasts of EPS of C$0.42 on revenue of C$992.83M.

NanoXplore earnings beat analyst's expectations on Thursday, October 15, 2020, with first quarter EPS of C$-0.01 on revenue of C$11.53M. Investing.com analysts expected EPS of C$-0.02 on revenue of C$10.23M

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

More down to come for SNC
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