Q1 Earnings Forecast for TSE:FAR Issued By Clarus Securities

Foraco International SA (TSE:FAR) – Investment analysts at Clarus Securities reduced their Q1 2026 earnings per share estimates for Foraco International in a report released on Tuesday, March 3rd. Clarus Securities analyst S. Kammermayer now expects that the company will earn $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 company a “buy” rating in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$4.50.

Foraco International Stock Down 2.2%

Shares of TSE FAR opened at C$3.10 on Friday. Foraco International has a 52-week low of C$1.57 and a 52-week 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. The company’s 50 day moving average price is C$2.83 and its 200-day moving average price is C$2.39. The company has a market capitalization of C$305.43 million, a P/E ratio of 19.35 and a beta of 0.72.

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

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.