Badger Infrastructure Solutions Ltd reports results for the quarter ended in September 30 - Earnings Summary

Badger Infrastructure Solutions

31/10/2024 02:50

* Badger Infrastructure Solutions Ltd  BDGI.TO  reported
quarterly
adjusted earnings of 68 cents​​ per share for the quarter ended
September 30, identical to the same quarter last year.  The mean
expectation of seven analysts for the quarter was for earnings
of 71 cents per share. Wall Street expected results to range
from 67 cents to 74 cents per share.
    * Revenue rose 7.1% to $209.38 million from a year ago;
analysts
expected $209.94 million. 
    * Badger Infrastructure Solutions Ltd's reported EPS for the
quarter was 68 cents​.
    * The company reported quarterly net income of $23.31
million.
    * Badger Infrastructure Solutions Ltd shares had risen
by 7.9%
this quarter and lost 2.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.4%
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 7 "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$50.00 
This summary was machine generated from LSEG data October 31 at
02:50 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
 Sep. 30 2024      0.71           0.68           Missed
 Jun. 30 2024      0.49           0.45           Missed
 Mar. 31 2024      0.10           0.14           Beat
 Dec. 31 2023      0.34           0.14           Missed