Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
The latest announcement is out from Finning International ( (TSE:FTT) ).
Finning International reported record net revenue of $10.1 billion for 2024, driven by significant growth in new equipment and product support revenue. The company experienced strong performance in South America and the UK and Ireland, despite challenges in Canada. This achievement, along with record Q4 earnings per share and substantial free cash flow, underscores Finning’s strategic focus on geographic and market diversity, which is expected to continue as a key factor in 2025.
More about Finning International
Finning International Inc. operates in the heavy equipment industry, primarily offering new equipment sales and product support services. The company is focused on markets in Canada, South America, the UK, and Ireland, with a significant emphasis on the mining and construction sectors.
YTD Price Performance: -5.58%
Average Trading Volume: 463,563
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$4.85B
For a thorough assessment of FTT stock, go to TipRanks’ Stock Analysis page.
