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

Badger Infrastructure Solutions

02/11/2023 23:35

* Badger Infrastructure Solutions Ltd  BDGI.TO  reported
quarterly
adjusted earnings of 91 cents​​ per share for the quarter ended
in September, higher than the same quarter last year, when the
company reported EPS of 55 cents.  The mean expectation of
five analysts for the quarter was for earnings of 66 cents per
share. Wall Street expected results to range from 48 cents to 75
cents per share.
    * Revenue rose 22.9% to C$262.31 million from a year ago;
analysts
expected C$213.79 million. 
    * Badger Infrastructure Solutions Ltd's reported EPS for the
quarter was 91 cents​.
    * The company reported quarterly net income of C$31.23
million.
    * Badger Infrastructure Solutions Ltd shares had risen
by 7.8%
this quarter and gained 40.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 21.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "hold"

Wall Street's median 12-month price target for Badger
Infrastructure Solutions Ltd is C$39.00 
This summary was machine generated from LSEG data November 2 at
11:35 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.66           0.91           Beat
 Jun. 30 2023      0.34           0.32           Missed
 Mar. 31 2023      0.10           0.08           Missed
 Dec. 31 2022      0.26           0.16           Missed