Enerflex Full Year 2023 Earnings: EPS Misses Expectations

In this article:

Enerflex (TSE:EFX) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$3.16b (up 78% from FY 2022).

  • Net loss: CA$110.9m (loss widened by 9.9% from FY 2022).

  • CA$0.90 loss per share.

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Enerflex EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is expected to fall by 2.1% p.a. on average during the next 3 years compared to a 11% decline forecast for the Energy Services industry in Canada.

Performance of the Canadian Energy Services industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Enerflex that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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