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NOA missed Q4 earnings expectations, saw revenue drop, but stock rose on new contract wins.
North American Construction Group (NOA) reported Q4 2024 earnings, missing analyst expectations by $0.14 EPS with $0.59 EPS.
The company's revenue fell to $372.7 million, a 9% decrease from last year, but Adjusted EBITDA rose 2% to $103.7 million.
NOA has secured new contracts worth $125 million and $100 million, and their stock traded up to $17.42 on the earnings report day.
The company also updated its FY 2025 guidance to 2.650-2.860 EPS.
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NOA perdió las expectativas de ganancias del Q4, vio la caída de ingresos, pero las acciones subieron en nuevas ganancias del contrato.