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StocksMediumUpdated•Originally published 28 April 2026•Updated 30 April 2026•

1 min read

Mixed Q1 2026 Results for US and Canadian Firms as Teradyne Gains and Equity Residential Slumps

Key Facts

1Teradyne reported Q1 2026 revenue of $1,282 million with non-GAAP EPS of $2.56.

2Aecon reported a record backlog of $10.9 billion for the first quarter of 2026.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: The story was updated to specify that the Hamilton Light Rail Transit (LRT) project selection is a key driver behind Aecon's record-breaking backlog.

The Q1 2026 earnings season has revealed divergent performances across major US and Canadian firms. Teradyne reported robust financial health with revenue reaching $1,282 million and a non-GAAP EPS of $2.56. In the construction sector, Aecon Group Inc. bolstered its outlook as its alliance was selected for the Hamilton Light Rail Transit (LRT) project in Canada, contributing to a record-breaking backlog of $10.9 billion. The project utilizes an alliance model with Metrolinx as the owner and Aecon as the primary construction partner. Conversely, the real estate sector faced headwinds as Equity Residential saw its earnings per share plunge by 64.2% to $0.24. These mixed results highlight the varying operational challenges and growth trajectories within different industries.