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Secure Energy Services (TSE:SES)
TSX:SES
Holding TSE:SES?
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.22Last Year’s EPS
0.2Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 16.52%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a positive outlook with strong adjusted EBITDA, significant shareholder returns, and operational expansions. However, there were challenges with year-over-year declines in revenue and cash flow metrics due to previous divestitures.Company Guidance
During the Q3 2024 earnings call for SECURE Waste Infrastructure Corp. (SES.TO), guidance was reaffirmed at the top end of the expected range, projecting full-year adjusted EBITDA between $470 million and $490 million. The company reported a strong quarter with adjusted EBITDA of $127 million, or $0.53 per basic share, and a 34% EBITDA margin. Net revenue was $374 million, reflecting a 12% year-over-year decrease due to divestitures, though this was offset by increased demand and pricing. The company generated $106 million in funds from operations, which supported share repurchases and dividend payouts, with $77 million returned to shareholders, including a quarterly dividend of $0.10 per share. Their total debt to adjusted EBITDA ratio stood at 1.1x, offering significant financial flexibility for future growth and shareholder returns. The company plans to renew its share buyback program, allowing for the repurchase of up to 10% of the public float, as they still trade at a discount to peers.Record Adjusted EBITDA and Strong Financial Flexibility
Achieved adjusted EBITDA of $127 million, maintaining a strong 34% EBITDA margin. Total debt to adjusted EBITDA ratio is 1.1x, providing significant financial flexibility.
Significant Shareholder Returns
Returned $77 million to shareholders through share repurchases and dividends. Share buybacks reduced outstanding shares by 24% since late 2022.
Operational Growth and Expansion
Advanced organic growth capital program with $19 million spent on new water pipelines and Clearwater heavy oil terminal capacity expansion. Ferrous metal volumes recycled increased 15%.
Increased Oil Recovery and Waste Management Efficiency
Recovered 296,000 barrels of oil from waste and disposed of a record 1.2 million tonnes of contaminated solid waste.
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TSE:SES 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
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TSE:SES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | C$13.68 | C$15.04 | +9.94% |
| Jul 30, 2024 | C$11.30 | C$12.10 | +7.08% |
| Apr 25, 2024 | C$10.82 | C$11.30 | +4.44% |
| Feb 26, 2024 | C$10.40 | C$10.36 | -0.38% |
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.
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FAQ
When does Secure Energy Services (TSE:SES) report earnings?
Secure Energy Services (TSE:SES) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Secure Energy Services (TSE:SES) earnings time?
Secure Energy Services (TSE:SES) earnings time is at Mar 04, 2025, TBA Not 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:SES EPS forecast?
TSE:SES EPS forecast for the fiscal quarter 2024 (Q4) is 0.22.
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