Bowman Q2 adjusted EPS beats estimates

Bowman Consulting

06/08/2025 21:19

Overview

Bowman Consulting Group Q2 gross contract revenue rises 17%, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus

The engineering services and program management firm repurchased $6.7 mln of common stock, showing confidence in equity value

Outlook

Bowman raises 2025 net revenue guidance to $430-$442 mln

Company expects 2025 adjusted EBITDA of $71-$77 mln

Outlook excludes contributions from future acquisitions

Result Drivers

STRONG DEMAND - Co reports strong demand in transportation, renewables, and energy transmission, driving growth

CLIENT ENGAGEMENT - Increased client engagement attributed to expertise and differentiated capabilities

BACKLOG GROWTH - Record backlog reflects strength of value proposition and client confidence

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Gross Contract Revenue
Beat
$122.09 mln
$120.10 mln (5 Analysts)
Q2 Adjusted EPS
Beat
$0.55
$0.07 (6 Analysts)
Q2 Net Income
$6.01 mln
Q2 Adjusted EBITDA
$20.20 mln
Q2 Adjusted EBITDA Margin
18.7%
Q2 Income From Operations
$9.04 mln
Q2 Operating Expenses
$56.53 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Bowman Consulting Group Ltd is $35.50, about 3.1% above its August 5 closing price of $34.41

The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nGNXc8V1BX

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)