Major Drilling Grp Intl

Major Drilling posted record 2026 revenue of CAD 889 million (+22%) and quarterly revenue of CAD 233.7 million (+24.6%), but fell slightly short of expectations. EPS of CAD 0.10 missed the consensus forecast of CAD 0.1275 by 21.6%, after which the stock fell about 3.05% in after-hours trading. The company has a net cash position of CAD 20.6 million and plans CAD 75 million in capital expenditures to modernize its fleet. Major Drilling expects continued revenue growth but sees near-term margin pressure from skilled labor shortages and higher costs, with margin recovery expected in the second half of fiscal 2027. » Más en de.investing.com

Major Drilling Group International will release results for the quarter ended April 30, 2026 on June 10, 2026. On average, 4 analysts expect earnings per share of 0.078 CAD (prior year 0.010 CAD) and revenue of about 228.9 million CAD (+22.06% versus 187.6 million CAD). For the fiscal year just ended, 5 analysts forecast on average an EPS of 0.228 CAD (prior year 0.320 CAD) and revenue of roughly 880.9 million CAD. » Más en finanzen.net

Major Drilling reported Q3 EPS of -0.13 CAD and revenue of 184.63 million CAD, missing analysts' expectations. Revenue rose 14.9% year‑over‑year, net losses widened to 10.8 million CAD, while the net cash position increased to 39.6 million CAD. Despite weakness in Australasia and Africa, the stock climbed 1.83% after hours as management is optimistic about higher exploration budgets and planned additional rig deployments, although labor shortages and margin pressure remain. » Más en de.investing.com