Badger Infrastructure Solutions Ltd BDGI.TO reported quarterly adjusted earnings of 55 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of five analysts for the quarter was for earnings of 56 cents per share. Wall Street expected results to range from 53 cents to 61 cents per share.
Revenue rose 11.4% to $208.21 million from a year ago; analysts expected $197.05 million.
Badger Infrastructure Solutions Ltd's reported EPS for the quarter was 55 cents.
The company reported quarterly net income of $18.5 million.
Badger Infrastructure Solutions Ltd shares had risen by 14.5% this quarter and gained 51.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 7.7% 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 "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$56.00, about 3% above its last closing price of C$54.34
This summary was machine generated from LSEG data July 30 at 11:11 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)