Q2 Earnings Forecast for TSE:FAR Issued By Clarus Securities

Foraco International SA (TSE:FAR) – Stock analysts at Clarus Securities cut their Q2 2026 earnings per share estimates for Foraco International in a report released on Tuesday, March 3rd. Clarus Securities analyst S. Kammermayer now forecasts 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 results on Monday, March 2nd. The company reported C$0.03 earnings per share (EPS) for the quarter. The business had revenue of C$86.61 million for the quarter. Foraco International had a return on equity of 16.77% and a net margin of 6.02%.

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

Foraco International Stock Performance

FAR stock opened at C$3.10 on Thursday. The company has a debt-to-equity ratio of 99.57, a quick ratio of 0.88 and a current ratio of 1.36. The stock has a market capitalization of C$305.43 million, a price-to-earnings ratio of 19.35 and a beta of 0.62. Foraco International has a 1 year low of C$1.57 and a 1 year high of C$3.54. The stock’s fifty day moving average is C$2.83 and its two-hundred day moving average is C$2.39.

About Foraco International

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.