Q1 Earnings Forecast for TSE:FAR Issued By Clarus Securities

Foraco International SA (TSE:FAR) – Equities researchers at Clarus Securities dropped their Q1 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 post earnings of $0.01 per share for the quarter, down from their previous estimate of $0.08. 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 Q3 2026 earnings at $0.15 EPS and FY2026 earnings at $0.36 EPS.

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 note on Tuesday, February 24th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Foraco International presently has a consensus rating of “Buy” and an average price target of C$4.50.

Foraco International Trading Down 3.5%

TSE:FAR opened at C$2.99 on Friday. The stock has a market cap of C$294.59 million, a price-to-earnings ratio of 18.66 and a beta of 0.72. The business has a fifty day moving average of C$2.84 and a 200-day moving average of C$2.40. Foraco International has a 1 year low of C$1.57 and a 1 year high of C$3.54. The company has a debt-to-equity ratio of 99.57, a quick ratio of 0.88 and a current ratio of 1.36.

Foraco International (TSE:FAR) last posted its earnings results on Monday, March 2nd. The company reported C$0.03 EPS for the quarter. The firm 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%.

Key Foraco International News

Here are the key news stories impacting Foraco International this week:

• Positive Sentiment: Clarus raised its Q3 2026 EPS forecast sharply to $0.15 from $0.08, implying stronger mid‑year results than previously expected. Clarus Q3 2026 upgrade
• Positive Sentiment: Clarus increased its FY2026 EPS view to $0.36 from $0.33, a modest upward revision to full‑year profitability expectations. Clarus FY2026 upgrade
• Positive Sentiment: Clarus boosted Q4 2026 EPS to $0.12 from $0.07, signaling anticipated improvement later in 2026. Clarus Q4 2026 upgrade
• Neutral Sentiment: Clarus published a full slate of FY2027 and quarterly 2027 estimates (FY2027 $0.40, a range of modest quarterly EPS forecasts). These give a longer‑term framework but are not an immediate catalyst. Clarus 2027 estimates
• Negative Sentiment: Clarus cut its Q1 2026 EPS estimate sharply to $0.01 from $0.08, a clear near‑term downgrade that can pressure the stock. Clarus Q1 2026 downgrade
• Negative Sentiment: Clarus lowered its Q2 2026 EPS estimate to $0.07 from $0.10, adding to short‑term earnings concerns. Clarus Q2 2026 downgrade

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.