North American Construction Group-North American Construction (NOA) Q1 Earnings Miss Estimates

Company Performance - North American Construction reported quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of$ 0.52 per share, and down from $0.58 per share a year ago [1] - The earnings surprise was -30.77%, and the company has surpassed consensus EPS estimates only once in the last four quarters [2] - The company posted revenues of$ 237.41 million for the quarter, exceeding the Zacks Consensus Estimate by 11.60%, compared to $220.33 million in the same quarter last year [3] Stock Movement and Outlook - North American Construction shares have declined approximately 23.9% since the beginning of the year, while the S&P 500 has gained 0.1% [4] - The current consensus EPS estimate for the upcoming quarter is$ 0.60 on revenues of $212.52 million, and for the current fiscal year, it is$ 2.74 on revenues of $892 million [8] Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which North American Construction belongs, is currently ranked in the bottom 6% of over 250 Zacks industries, indicating potential challenges ahead [9] - Another company in the same industry, National Energy Services Reunited, is expected to report quarterly earnings of$ 0.20 per share, reflecting a year-over-year increase of 33.3% [10]