Education
About Us
Working with TipRanks
Follow Us
Aecon Group Inc. (AEGXF)
OTHER OTC:AEGXF
Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a clear positive operational and financial turnaround: record revenue (+28% YoY), materially improved profitability (operating profit vs prior-year loss, adjusted EBITDA recovery), a large and diversified backlog ($10.7B), reduced legacy project losses, and strategic M&A and contract wins that position the company for continued growth—particularly in power, nuclear and U.S. markets. Offsetting items include a weaker concessions quarter, remaining—but shrinking—legacy project impacts, some sector mix headwinds that pressured margins, and the multi‑year timing of several large strategic opportunities meaning bookings and material revenue from some initiatives will normalize rather than repeat 2025’s exceptional pace. Overall, the positive achievements and materially improved financials outweigh the remaining challenges.Company Guidance
Record Revenue
Reported revenue of $5.4 billion in FY2025, up 28% YoY (an increase of $1.2 billion), with 84% of the revenue growth organic.
Substantial Backlog and New Awards
Year-end reported backlog reached $10.7 billion versus $6.7 billion a year ago (+60%), with $9.5 billion of new contract awards in 2025 (vs. $4.7 billion in 2024). Included the company’s largest contract to date, the Scarborough Subway Extension (~$2.8 billion).
Profitability Turnaround
Operating profit of $87 million in 2025 compared to an operating loss of $60 million in 2024. Adjusted diluted EPS of $0.40 vs adjusted diluted loss per share of $0.99 in 2024.
Improved Adjusted EBITDA
Adjusted EBITDA materially improved year-over-year (reported aggregated figures cited of $235 million in 2025 vs $83 million in 2024). As‑adjusted construction segment Adjusted EBITDA was $315 million in 2025 (6% margin), an $8 million increase over 2024.
Legacy Project Loss Reduction
Legacy project losses reduced to $94 million in 2025 from $273 million in 2024 (improvement of ~$179 million), with legacy projects having a much smaller negative impact in the year and only about $6 million negative in the quarter.
Geographic and Sector Diversification
Revenue from U.S. and international markets rose $386 million or 87% YoY. The business mix shifted meaningfully toward power and utilities (roughly 55% of construction revenue in 2025 vs ~30% in 2020).
Strategic M&A and Portfolio Expansion
Completed acquisitions of Bodell Construction, Trinity Industrial Services and KPC Power and Electrical Services to bolster industrial and U.S. capabilities; concessions portfolio book value up 7% to $251 million.
Operational Milestones and Nuclear Leadership
Completed major operational milestones including substantial completion on Finch West and Eglinton Crosstown LRTs, delivery of the Oneida battery project, and progress/lead roles on nuclear programs (Darlington SMR partnership, Pickering refurbishment definition phase, Energy Northwest Cascade SMR development award). Company completed world’s largest nuclear refurbishment program at Darlington ahead of schedule and below budget (achieved early 2026).
Strong Liquidity and Capital Discipline
Core cash of $94 million (excluding $393 million held in joint operations), $1.0 billion committed revolving credit facility with $257 million drawn, no material debt maturities until 2029 (except equipment loans/leases). Board approved a small dividend increase (annualized +$0.01; quarterly dividend $0.1925).
Recurring Revenue Growth
Recurring revenue totaled $926 million in 2025; recurring revenue from utility services increased 19% YoY from $610 million to $728 million, supporting revenue visibility.
AEGXF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AEGXF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | $27.39 | $29.98 | +9.44% |
Oct 29, 2025 | $21.47 | $22.73 | +5.88% |
Jul 31, 2025 | $13.44 | $13.93 | +3.67% |
Apr 23, 2025 | $12.23 | $11.10 | -9.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aecon Group Inc. (AEGXF) report earnings?
Aecon Group Inc. (AEGXF) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is Aecon Group Inc. (AEGXF) earnings time?
Aecon Group Inc. (AEGXF) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AEGXF EPS forecast?
Currently, no data Available