Enerflex reports before the market opens on October 29. Analysts expect earnings of C$0.57 per share. The outlook is mixed: the company beat estimates last quarter, but analysts expect lower year-over-year revenue, and its recent earnings record has been uneven.
Enerflex Ltd. (TSX: EFX) is set to report results for the quarter ended September 30, 2026, before the market opens on October 29. The company provides modular equipment and services for natural gas, power and water treatment. Most of its reported revenue comes from North America. Investors will be watching to see whether earnings hold up as analysts forecast lower revenue than a year ago. For more details, visit the Enerflex stock page.
Recent earnings trend
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Enerflex Ltd.
EFX.TO
EFX.TO
Enerflex Ltd.
WealthAwesomeMarket cap
$4.01B
P/E
53.8x
Div. yield
0.38%
Div. / share
$0.12
52W high
$39.85
52W low
$17.35
1W change
-5.31%
Beta
2.05
Analyst Price Targets
Based on analyst covering EFX · as of Oct 27, 2026
Wall Street analysts forecast EFX stock price to rise 54.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$50.75
+54.6% Upside
Previously C$50.44 on Oct 21, 2026
Current Price
C$32.83
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on EFX's historical volatility
30-Day Vol
67.9%
Annualized
90-Day Vol
52.9%
Annualized
Trend (90d)
+42.1%
Annualized drift
90d Mean
C$38.16
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$34.52 | C$27.31 – C$43.63 |
| 60 trading days | C$36.29 | C$26.05 – C$50.55 |
| 90 trading days | C$38.16 | C$25.43 – C$57.26 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | — | 0.5700 | — |
| 2026-06-30 | 2026-08-06 | 0.6000 | 0.4700 | +27.7% |
| 2026-03-31 | 2026-05-07 | 0.5200 | 0.5200 | +0.0% |
| 2025-12-31 | 2026-02-26 | -0.6525 | -0.0600 | -987.5% |
| 2025-09-30 | 2025-11-06 | 0.5900 | 0.5800 | +1.7% |
| 2025-06-30 | 2025-08-07 | 0.6700 | 0.1600 | +318.8% |
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Investor takeaway: Two analysts expect earnings of C$0.57 per share, while three forecast revenue of $887.24 million. These are small analyst samples, so the estimates can change with limited new information. Enerflex beat earnings estimates in two of its last four reported quarters, including a 27.66% surprise in June, but missed by a wide margin in December. The upcoming report will show whether June’s result points to steadier earnings or was specific to that quarter.
C$0.57
That’s the consensus earnings estimate for the September quarter, based on two analysts. Their forecasts range from C$0.50 to C$0.64. The estimate is below the year-ago result of C$0.59. In June, Enerflex reported earnings of C$0.60 per share, above the C$0.47 estimate. Across the last four quarters, it beat estimates twice, matched once and missed once.
Bull case
Demand for natural gas infrastructure could support sales of Enerflex’s equipment and services. Long-term U.S. contract compression agreements also provide recurring revenue and help make equipment use more predictable. In the latest quarter, Enerflex reported earnings of C$0.60 per share, well above the C$0.47 estimate.
Bear case
Analysts expect revenue to fall 19.1% from a year earlier and earnings per share to decline 2.8%. The consensus earnings estimate has slipped from C$0.59 to C$0.57 over the past 30 days, with one downward revision and none upward. Enerflex’s profit margin is 2.06%, and its reported P/E is about 53.8. That leaves the shares vulnerable if earnings fall short or projects run into delays. Results have also been unpredictable: the last four quarters include a sharp earnings miss.
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