North American Energy Partners (NOA) Misses Q3 EPS by 1c

November 1, 2016 11:25 PM EDT
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North American Energy Partners (NYSE: ) reported Q3 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $48.2 million versus the consensus estimate of $32.39 million.

urther Mr. Ferron commented, "Looking ahead we remain on target to achieve similar EBITDA to last year, even after losing several million dollars of EBITDA due to the wildfire. Beyond that we are excited about the volume of earthworks we have secured for the winter season and the organic growth opportunities we see: in the oil sands; supporting other resource plays; and on infrastructure projects. Based on this better outlook, we believe that we can grow both EBITDA and free cash flow significantly over the next three years."

For earnings history and earnings-related data on North American Energy Partners (NOA) click here.



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