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WSP Global (TSE:WSP)
TSX:WSP
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.78Last Year’s EPS
1.55Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -0.31%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call for WSP Global Inc. highlighted strong revenue growth and successful strategic achievements, particularly with the POWER Engineers acquisition. However, there were some challenges with margin pressure in Asia and market conditions in Australia and New Zealand. Overall, the positive highlights significantly outweigh the lowlights.Company Guidance
During the call, WSP Global Inc. reported a robust financial performance for the fourth quarter and full fiscal year 2024, surpassing their revised financial outlook. Key metrics highlighted included a 23% increase in net revenues for Q4 and a 12% increase for the full year, with organic growth at 7.5%. The adjusted EBITDA margin improved by 40 basis points in Q4 and 120 basis points over the last three years. The company concluded 2024 with a strong cash position, more than doubling its free cash flow from the previous year to $885 million. WSP also highlighted its successful strategic cycle from 2022 to 2024, with net revenue, EBITDA, and net earnings per share growing by over 55%, 65%, and 60%, respectively, compared to 2021. The company's backlog reached a record $15.6 billion, representing 10.9 months of revenues. Looking forward, WSP reiterated its 2025 financial outlook, aiming to further increase net revenue, adjusted EBITDA, and net earnings per share by 40%, 50%, and 60%, respectively, as part of its new 2025-2027 Global Strategic Action Plan.Record Revenue Growth
WSP Global Inc. achieved a 23% increase in net revenues for Q4 and a 12% increase for the full year compared to 2023, with a high level of organic growth at 7.5% for the year.
Successful Strategic Target Achievement
The company exceeded expectations with a 40 basis point increase in adjusted EBITDA margin for Q4, achieving a total increase of 120 basis points over the past three years.
Strong Cash Position
WSP ended the year with free cash flow more than doubling compared to the previous year, reaching $885 million.
Power Engineers Acquisition Success
The newly acquired POWER Engineers posted 16% organic growth in net revenue for Q4, indicating successful integration and synergy potential.
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TSE:WSP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:WSP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | C$258.85 | C$255.05 | -1.47% |
| Nov 06, 2024 | C$252.05 | C$251.88 | -0.07% |
| Jul 30, 2024 | C$225.82 | C$228.64 | +1.25% |
| May 08, 2024 | C$217.67 | C$214.59 | -1.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does WSP Global (TSE:WSP) report earnings?
WSP Global (TSE:WSP) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is WSP Global (TSE:WSP) earnings time?
WSP Global (TSE:WSP) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:WSP EPS forecast?
TSE:WSP EPS forecast for the fiscal quarter 2025 (Q1) is 1.78.
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