BrightView Q3 profit misses estimates as higher fuel prices drag margin

BrightView Holdings

04/08/2026 21:20

Overview
US commercial landscaping firm's fiscal Q3 revenue up 1.3% yr/yr, missing analyst expectations
Adjusted EPS for fiscal Q3 missed analyst expectations
Company cites margin pressure from non-routine self-insurance adjustment and higher fuel costs

Outlook
BrightView sees fiscal 2026 total revenue between $2.75 bln and $2.78 bln
Company expects fiscal 2026 adjusted EBITDA of $340 mln to $345 mln
Land maintenance revenue seen rising about 2% to 3% in fiscal 2026

Result Drivers
COMMERCIAL LANDSCAPING - Q3 revenue growth driven by increased contract revenue and ancillary services in commercial landscaping
COST HEADWINDS - Margin and adjusted EBITDA declines primarily due to non-routine self-insurance adjustment and higher fuel prices
SALESFORCE INVESTMENT - Increased costs from continued investments in sales force contributed to lower segment margins

Company press release: ID:nBw6yVlqra

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$717.60 mln
$726.13 mln (10 Analysts)
Q3 Adjusted EPS
Miss
$0.17
$0.29 (10 Analysts)
Q3 Loss Per Share
 
$0.03
 
Q3 Adjusted Net Income
 
$25.40 mln
 
Q3 Net Income
 
$6.10 mln
 
Q3 Adjusted EBITDA
 
$96.10 mln
 
Q3 Adjusted EBITDA Margin
 
13.40%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for Brightview Holdings Inc is $17.00, about 26% above its August 3 closing price of $13.49
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
Aug 3 - Alamo Group Q2 sales beat estimates on organic demand growth in industrial equipment
Aug 4 - Knife River Q2 revenue slightly beats estimates, lifts outlook
Aug 4 - WW Grainger raises profit forecast as maintenance demand remains strong

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(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.)