Trican Well Service is expected to report higher year-over-year earnings, though it has missed estimates in each of its last four comparable quarters.
Trican Well Service Ltd. is scheduled to report results for the quarter ended September 30, 2026, after markets close on October 27. Investors will be watching to see whether stronger expected revenue and earnings can end the company’s recent run of EPS misses. Analysts expect EPS of C$0.20, with estimates ranging from C$0.19 to C$0.21. The calendar estimate is C$0.21. Only three analysts contribute to the consensus, so the range offers limited insight into broader expectations.
Recent earnings trend
Advertisement
Trican Well Service Ltd.
TCW.TO
TCW.TO
Trican Well Service Ltd.
WealthAwesomeMarket cap
$1.37B
P/E
15.2x
Div. yield
2.37%
Div. / share
$0.16
52W high
$8.26
52W low
$5.02
1W change
+3.00%
Beta
0.60
Analyst Price Targets
Based on analyst covering TCW · as of Oct 21, 2026
Wall Street analysts forecast TCW stock price to rise 21.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$7.91
+21.1% Upside
Previously C$7.84 on Sep 17, 2026
Current Price
C$6.53
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 TCW's historical volatility
30-Day Vol
28.7%
Annualized
90-Day Vol
32.5%
Annualized
Trend (90d)
+5.2%
Annualized drift
90d Mean
C$6.65
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$6.57 | C$5.95 – C$7.25 |
| 60 trading days | C$6.61 | C$5.75 – C$7.60 |
| 90 trading days | C$6.65 | C$5.60 – C$7.90 |
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.
Advertisement
Analyst coverage: 3 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-27 | — | 0.2100 | — |
| 2026-06-30 | 2026-07-27 | -0.0100 | 0.0400 | -125.0% |
| 2026-03-31 | 2026-05-11 | 0.1400 | 0.1600 | -12.5% |
| 2025-12-31 | 2026-02-18 | 0.1500 | 0.1700 | -11.8% |
| 2025-09-30 | 2025-10-27 | 0.1500 | 0.1700 | -11.8% |
| 2025-06-30 | 2025-07-29 | 0.1100 | 0.0900 | +22.2% |
Advertisement
Investor takeaway: The forecast points to growth, but not necessarily a beat. Analysts expect EPS to rise 31.1% from C$0.15 a year ago and revenue to increase 22.4% to C$368 million. Still, Trican has missed estimates in each of its last four reported quarters. In June, it posted a C$0.01 loss against an expected profit of C$0.04. Investors will want to see whether higher activity and revenue lead to stronger earnings. For more context, visit the company’s stock page.
C$0.20
That’s the consensus EPS estimate for the quarter ended September 30, 2026, based on three analysts. It’s up from C$0.15 a year earlier, but Trican has missed estimates in each of its four most recent reported quarters.
Bull case
The forecast points to a stronger quarter than a year ago, with revenue expected to reach C$368 million and EPS C$0.20. Trican provides hydraulic fracturing, cementing, acidizing, coiled tubing and other well-completion services in Canada. The company has also invested in electrification and a natural-gas-powered frac spread. These investments could appeal to customers and improve efficiency, but the available information doesn’t show how much they will affect this quarter. The EPS consensus has stayed at C$0.20 over the past 30 days, with one upward revision and none downward.
Bear case
Trican’s recent results are a concern. It missed EPS estimates in each of its last four comparable quarters: C$0.15 versus C$0.17 in September 2025, C$0.15 versus C$0.17 in December, C$0.14 versus C$0.16 in March 2026, and a C$0.01 loss versus an expected C$0.04 profit in June. Oilfield-services companies depend on customer activity, pricing, equipment use and costs. So, revenue growth alone may not lead to higher profits. Valuation is another factor: the supplied snapshot puts Trican shares at about 15.2 times trailing earnings. The company’s analyst-ratings section includes price targets, but those are not guarantees.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
