Clarus Securities Estimates TSE:FAR FY2026 Earnings

Foraco International SA (TSE:FAR) – Investment analysts at Clarus Securities lowered their FY2026 EPS estimates for shares of Foraco International in a research note issued on Monday, December 8th. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings of $0.33 per share for the year, down from their prior forecast of $0.34. The consensus estimate for Foraco International’s current full-year earnings is $0.60 per share.

Foraco International (TSE:FAR) last announced its earnings results on Thursday, October 30th. The company reported C$5.49 EPS for the quarter. Foraco International had a return on equity of 31.54% and a net margin of 8.42%.The company had revenue of C$98.89 million for the quarter.

Foraco International Stock Down 0.8%

TSE FAR opened at C$2.48 on Wednesday. Foraco International has a 52 week low of C$1.57 and a 52 week high of C$2.56. The company has a quick ratio of 0.88, a current ratio of 1.43 and a debt-to-equity ratio of 115.59. The company has a market capitalization of C$244.34 million, a P/E ratio of 15.48 and a beta of 0.78. The stock’s 50-day moving average price is C$2.18 and its 200-day moving average price is C$1.98.

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.