NA Construction Reports Q3 2026 Results with Revenue Growth Amidst Operational Challenges
NA Construction (NOA) reported third-quarter revenue of $438.1 million, a 12% increase driven by the acquisition of Iron Mine Contracting and organic growth in Australia and Canada. Despite top-line strength, adjusted EPS fell to $0.25 from $0.66 in the prior year, impacted by higher interest expenses and a $50 million pre-tax earnings hit related to the Fargo Project due to rising project costs. Operational performance was mixed; while Canadian revenue grew 12% with improving margins, Australian gross profit margins declined to 11.9% following equipment maintenance issues and a pit wall failure. The company raised its full-year 2026 revenue guidance to $1.7 billion–$1.8 billion but narrowed its adjusted EBITDA guidance to $370 million–$400 million to account for third-quarter setbacks.
Tickers: $NOA
Topics: acquisition EBITDA EPS decline operational challenges revenue growth