Q2 EPS Forecast for Foraco International Reduced by Analyst

Foraco International SA (TSE:FAR) – Equities research analysts at Clarus Securities lowered their Q2 2026 earnings estimates for shares of Foraco International in a report issued on Tuesday, March 3rd. Clarus Securities analyst S. Kammermayer now anticipates that the company will earn $0.07 per share for the quarter, down from their previous estimate of $0.10. The consensus estimate for Foraco International’s current full-year earnings is $0.60 per share. Clarus Securities also issued estimates for Foraco International’s Q4 2026 earnings at $0.12 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.12 EPS, Q3 2027 earnings at $0.12 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.40 EPS.

Foraco International (TSE:FAR) last announced its quarterly earnings data on Monday, March 2nd. The company reported C$0.03 EPS for the quarter. The business had revenue of C$86.61 million for the quarter. Foraco International had a return on equity of 19.08% and a net margin of 6.54%.

Separately, Desjardins boosted their target price on shares of Foraco International from C$3.00 to C$4.50 and gave the stock a “buy” rating in a report on Tuesday, February 24th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$4.50.

Foraco International Stock Down 1.2%

TSE FAR opened at C$3.17 on Thursday. Foraco International has a 12 month low of C$1.57 and a 12 month high of C$3.54. The company has a current ratio of 1.35, a quick ratio of 0.88 and a debt-to-equity ratio of 99.47. The stock has a market cap of C$312.32 million, a PE ratio of 19.79 and a beta of 0.62. The stock’s 50 day moving average is C$2.81 and its 200 day moving average is C$2.39.

Foraco International Company Profile

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.