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

Badger Infrastructure Solutions

01/05/2024 23:43

* Badger Infrastructure Solutions Ltd  BDGI.TO  reported
quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in March, lower than the same quarter last year, when the
company reported EPS of 6 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 10 cents per
share. Wall Street expected results to range from 1 cents to 21
cents per share.
    * Revenue rose 52.5% to $161.56 million from a year ago;
analysts
expected $160.88 million. 
    * Badger Infrastructure Solutions Ltd's reported EPS for the
quarter was 5 cents​.
    * The company reported quarterly net income of $1.78
million.
    * Badger Infrastructure Solutions Ltd shares had fallen
by 10.5%
this quarter and gained 10.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 43.4%
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 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Badger
Infrastructure Solutions Ltd is C$52.00 

This summary was machine generated from LSEG data May 1 at 10:43
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
 Mar. 31 2024      0.10           0.05           Missed
 Dec. 31 2023      0.34           0.14           Missed
 Sep. 30 2023      0.48           0.68           Beat
 Jun. 30 2023      0.25           0.24           Missed