Aecon Group Q1 2024 Earnings Report

Aecon Group EPS Results

• Actual EPS: -C$0.10
• Consensus EPS: -C$0.14
• Beat/Miss: Beat by +C$0.04
• One Year Ago EPS: N/A

Aecon Group Revenue Results

• Actual Revenue: $846.59 million
• Expected Revenue: $1.03 billion
• Beat/Miss: Missed by -$184.00 million
• YoY Revenue Growth: N/A

Aecon Group Announcement Details

• Quarter: Q1 2024
• Date: 4/24/2024
• Time: N/A

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operation of construction projects by way of public-private partnership contract structures. This segment also provides development of domestic international public-private partnership; private finance solution; developing strategic partnerships; leading and/or participating in development teams; and operations and maintenance of infrastructure assets services. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1867 and is headquartered in Toronto, Canada.