North American Construction (NOA) Tops Q3 EPS by 36c, Revenues Beat; Offers FY20 & FY21 EPS Guidance

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Go back to North American Construction (NOA) Tops Q3 EPS by 36c, Revenues Beat; Offers FY20 & FY21 EPS Guidance

North American Construction Group Ltd. Announces Results for the Third Quarter Ended September 30, 2020

October 28, 2020 5:05 PM EDT

ACHESON, Alberta, Oct. 28, 2020 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (NACG) (TSX:NOA/NYSE: NOA) today announced results for the third quarter ended September 30, 2020. Unless otherwise indicated, financial figures are expressed in Canadian dollars, and comparisons are to the prior period ended September 30, 2019.

Third Quarter 2020 Highlights:

Adjusted EBITDA of $37.1 million is consistent with Q3 2019 reflecting both the wide reaching operational impacts of the COVID-19 pandemic and above average rainfall in the quarter offset by cost discipline to limit indirect project costs and general and administrative... More