Finning International (TSE:FTT)
TSX:FTT
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.2Last Year’s EPS
1.01Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple tangible operating strengths — record backlog (+32% YoY), consistent product support growth (+6% globally, +13% in Canada), improved capital efficiency (2.3x turns, ~18.7% ROIC), strong mining and construction order intake, and continued shareholder returns. Offsetting risks are regional softness in South America (notably lower new equipment deliveries), higher compensation-related SG&A items (LTIP and severance), and timing/lead-time uncertainty for data center/prime power projects. On balance, the positives (growth in backlog, product support momentum, healthy balance sheet and shareholder returns) materially outweigh the near-term headwinds.Company Guidance
Strong Adjusted EPS and Revenue
Adjusted EPS of $1.02 in Q1 FY2026, up 7% year-over-year; revenue of $2.5 billion, up 2% versus Q1 2025.
Product Support Growth
Product support revenue grew globally +6% year-over-year and +13% in Canada, marking the eighth consecutive quarter of year-over-year product support growth.
Record Backlog and Power & Energy Momentum
Total equipment backlog reached a record $3.8 billion, up 32% year-over-year and +20% sequentially; Power & Energy backlog ~ $1.2 billion across prime power, oil & gas and data center standby solutions.
Mining Population and Backlog Strength
Canadian large mining truck population increased ~25% over the past 2 years; mining truck population in Western Canada and South America up ~35% since 2021. Order intake in mining was ~ +70% year-over-year and mining and Power & Energy backlog in Canada more than doubled.
Strong Order Intake in Construction and Rentals
Construction order intake ~ +30% year-over-year; construction backlog building across regions (South America and U.K./Ireland each up >50% since year-end). Rental revenue up 20% in Canada, expanding addressable market.
Improved Capital Efficiency and Balance Sheet Strength
Invested capital turns at 2.3x; adjusted return on invested capital ~ 18.7% (Canada 18.2%, U.K. & Ireland 19.3%); net debt to adjusted EBITDA ratio 1.6x at end of March.
Shareholder Returns and Capital Allocation Discipline
7.4% dividend increase (25th consecutive year of dividend growth); ongoing share repurchases (dynamic program) and continued capital discipline despite targeted investments and inventory increases.
TSE:FTT 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
TSE:FTT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | C$96.57 | C$104.97 | +8.70% |
Feb 10, 2026 | C$89.33 | C$87.53 | -2.02% |
Nov 11, 2025 | C$73.95 | C$77.29 | +4.51% |
Aug 05, 2025 | C$60.87 | C$57.40 | -5.69% |
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 Finning International (TSE:FTT) report earnings?
Finning International (TSE:FTT) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Finning International (TSE:FTT) earnings time?
Finning International (TSE:FTT) earnings time is at Aug 11, 2026, Before Open (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 TSE:FTT EPS forecast?
TSE:FTT EPS forecast for the fiscal quarter 2026 (Q2) is 1.2.