North American Construction Group Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 194.74 million compared to CAD 191.38 million a year ago. Net income was CAD 11.39 million compared to CAD 20.22 million a year ago. Basic earnings per share from continuing operations was CAD 0.43 compared to CAD 0.75 a year ago. Diluted earnings per share from continuing operations was CAD 0.39 compared to CAD 0.65 a year ago.
For the nine months, sales was CAD 630.92 million compared to CAD 536.12 million a year ago. Net income was CAD 45.5 million compared to CAD 41.29 million a year ago. Basic earnings per share from continuing operations was CAD 1.72 compared to CAD 1.49 a year ago. Diluted earnings per share from continuing operations was CAD 1.51 compared to CAD 1.33 a year ago.