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Enerflex (NYSE:EFXT) Posts Earnings Results, Misses Expectations By $0.06 EPS
['Trevor Kearing']
Daily Political
at CAD 488 million in Q2, with first-half bookings nearing CAD 1 billion and a record CAD 1.5 billion backlog.
Q2 revenue declined to CAD 582 million from CAD 615 million a year earlier, while net earnings fell to CAD 30 million from CAD 60 million.
Enerflex Stock Down 3.3%Shares of EFXT stock traded down $0.68 during trading hours on Friday, hitting $20.00.
Enerflex Dividend AnnouncementAnalyst Upgrades and DowngradesThe business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd.
Zacks Research cut shares of Enerflex from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th.