Total Energy Services Inc. (TOT.TO) Tuesday said fourth-quarter profit fell to C$10.53 million or C$0.34 per share from C$23.44 million or C$0.69 per share in the same period last year.
On average, five analysts polled by Thomson Reuters expected the company to earn C$0.34 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled C$78.40 million, down 19 percent from C$96.94 million last year. Analysts expected revenues of C$75.41 million.
For comments and feedback: editorial@rttnews.com