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

Badger Infrastructure Solutions

02/08/2024 01:34

* Badger Infrastructure Solutions Ltd  BDGI.TO  reported
quarterly
adjusted earnings of 35 cents​​ per share for the quarter ended
in June, higher than the same quarter last year, when the
company reported EPS of 24 cents.  The mean expectation of
six analysts for the quarter was for earnings of 49 cents per
share. Wall Street expected results to range from 41 cents to 56
cents per share.
    * Revenue rose 38.4% to $177.19 million from a year ago;
analysts
expected $177.01 million. 
    * Badger Infrastructure Solutions Ltd's reported EPS for the
quarter was 35 cents​.
    * The company reported quarterly net income of $11.91
million.
    * Badger Infrastructure Solutions Ltd shares had fallen
by 5.3%
this quarter and lost 4.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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$52.38 
This summary was machine generated from LSEG data August 2 at
12:34 a.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
 Jun. 30 2024      0.49           0.35           Missed
 Mar. 31 2024                     0.14           
 Dec. 31 2023                     0.14           
 Sep. 30 2023      0.48           0.68           Beat