Canada's Flexible Solutions Q3 revenue up 36%, helped by full operations at Panama factory

By Reuters News


Overview

  • Canada biodegradable polymer maker's Q3 revenue rose 36% yr/yr

  • Growth driven by Panama factory, ENP division, and food grade production progress

  • Full Q3 financial results to be released November 13, 2026


Outlook

  • Company did not provide specific guidance or outlook for future periods


Result Drivers

  • PANAMA FACTORY - Co said full operations at Panama factory contributed to Q3 revenue growth

  • ENP DIVISION - Co said ENP division had a strong quarter, helping drive Q3 results

  • FOOD GRADE PRODUCTION - Co said progress in food grade production supported Q3 performance


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$14.35 mln

$13.91 mln (2 Analysts)


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the specialty chemicals peer group is "buy"

  • Wall Street's median 12-month price target for Flexible Solutions International Inc is $10.25, about 69.4% above its October 16 closing price of $6.05

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago


Reuters Recommended Reads

  • Oct 16 - Logistics firm DHL's Q3 revenue climbs on higher demand; raises FY26 EBIT outlook


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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