![]() Over the past month, the Zacks Consensus EPS estimate has moved 6.38% lower. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors should also note any recent changes to analyst estimates for NOA. These results would represent year-over-year changes of +214.29% and +24.06%, respectively. NOA's full-year Zacks Consensus Estimates are calling for earnings of $0.44 per share and revenue of $280.40 million. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $68.30 million, up 5.71% from the year-ago period. On that day, NOA is projected to report earnings of $0.08 per share, which would represent year-over-year growth of 14.29%. This is expected to be February 12, 2019. Wall Street will be looking for positivity from NOA as it approaches its next earnings report date. ![]() In that same time, the Construction sector lost 6.42%, while the S&P 500 lost 3.33%. Meanwhile, the Dow lost 2.32%, and the Nasdaq, a tech-heavy index, lost 2.78%.Ĭoming into today, shares of the heavy construction and mining services company had lost 8.41% in the past month. This change was narrower than the S&P 500's daily loss of 1.97%. North American Construction (NOA) closed at $9.91 in the latest trading session, marking a -1.1% move from the prior day.
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