Earnings Preview: North American Construction (NOA) Q1 Earnings Expected to Decline

Core Viewpoint - North American Construction (NOA) is expected to report a year-over-year decline in earnings and revenues for the quarter ended March 2025, with the actual results being crucial for stock price movement [1][3]. Earnings Expectations - The consensus estimate for NOA's quarterly earnings is $0.52 per share, reflecting a year-over-year decrease of 10.3% [3]. - Expected revenues are projected at $212.74 million, down 3.4% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.23% higher in the last 30 days, indicating a slight positive reassessment by analysts [4]. - However, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -9.03%, suggesting a bearish outlook from analysts [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [8]. - North American Construction currently holds a Zacks Rank of 4, making it challenging to predict an earnings beat [11]. Historical Performance - In the last reported quarter, NOA was expected to post earnings of $0.73 per share but delivered $0.71, resulting in a surprise of -2.74% [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Conclusion - North American Construction does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors before making investment decisions [16].