Badger Infrastructure Solutions Ltd reports results for the quarter ended in December - Earnings Summary

Badger Infrastructure Solutions

29/02/2024 22:49

* Badger Infrastructure Solutions Ltd  BDGI.TO  reported
quarterly
adjusted earnings of 14 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 12 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 32 cents per
share. Wall Street expected results to range from 22 cents to 40
cents per share.
    * Revenue rose 9.7% to $163.55 million from a year ago;
analysts
expected $155.22 million. 
    * Badger Infrastructure Solutions Ltd's reported EPS for the
quarter was 14 cents​.
    * The company reported quarterly net income of $4.71
million.
    * Badger Infrastructure Solutions Ltd shares had risen
by 15.3%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for Badger
Infrastructure Solutions Ltd is C$47.50 
This summary was machine generated from LSEG data February 29 at
10:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.32           0.14           Missed
 Sep. 30 2023      0.48           0.68           Beat
 Jun. 30 2023      0.25           0.24           Missed
 Mar. 31 2023      0.07           0.06           Missed