- CES Energy reported first-quarter revenue of C$632.4 million, exceeding estimates of C$622.1 million.
- Revenue rose by 7.5% compared to the same quarter last year.
- Earnings per share (EPS) declined to C$0.19 from C$0.23 year-over-year.
- Funds flow from operations increased by 4.9% to C$77.8 million, compared to the previous year.
- Analyst recommendations for CES Energy include 7 buy ratings, 1 hold rating, and no sell ratings.
A look at CES Energy Solutions Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
<p>CES Energy Solutions Corp. has been given a positive long-term outlook based on its Smartkarma Smart Scores. With a strong Growth score of 5, the company is anticipated to expand and develop in the future. This is supported by its operations in the United States and Canada, where CES Energy Solutions provides oilfield services including fracturing, drilling fluid systems, and transportation services. Additionally, the company has received decent scores in Value, Dividend, and Resilience, indicating a stable financial position and potential for consistent returns.</p>
<p>Despite a slightly lower Momentum score of 2, CES Energy Solutions remains well-positioned for long-term success in the oilfield services sector. Investors may find the company attractive for its growth prospects and diversified services. By maintaining a balance between growth potential and financial stability, CES Energy Solutions is poised to capitalize on opportunities in the oil and gas industry.</p>
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
