Ensign released 1Q16 results that were above our expectations. EBITDAS totaled $60 mm, whereas our forecast was $47 mm. Margins outperformed for the second quarter in a row.
10 May 2016
Strong 1Q16 Results Leads to Positive Estimates Revision
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Strong 1Q16 Results Leads to Positive Estimates Revision
Ensign Energy Services Inc. (ESI:TSE) | 0 0 (-1.6%) | Mkt Cap: 1,063m
- Published:
10 May 2016 -
Author:
Ian B. Gillies -
Pages:
7
Ensign released 1Q16 results that were above our expectations. EBITDAS totaled $60 mm, whereas our forecast was $47 mm. Margins outperformed for the second quarter in a row.