BrightView raises FY26 revenue forecast

BrightView Holdings

05/05/2026 21:59

Overview

U.S. commercial landscaper's fiscal Q2 revenue rose 6%, beating analyst expectations

Adjusted EPS for fiscal Q2 missed analyst expectations

Company raised full-year revenue guidance and repurchased 1.1 mln shares

Outlook

BrightView raises FY26 total revenue guidance to $2.745-$2.795 bln

Company lifts FY26 land maintenance revenue outlook to ~+2% to ~+3%

BrightView increases FY26 snow removal revenue guidance to ~$290 mln

Result Drivers

SNOW REMOVAL - Revenue growth was driven by a 28.5% increase in snow removal services due to increased snowfall

LAND MAINTENANCE - Commercial landscaping revenue rose 4% year-over-year, the first increase since Q3 2023, driven by higher ancillary and contract services

DEVELOPMENT SERVICES DECLINE - Development Services revenue fell 13% due to the timing and mix of projects

Company press release: ID:nBw5NlMHVa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$702.90 mln
$638.79 mln (9 Analysts)
Q2 Adjusted EPS
Miss
$0.09
$0.10 (9 Analysts)
Q2 Adjusted Net Income
$13.30 mln
Q2 Net Income
$1.70 mln
Q2 Adjusted EBITDA
$79.10 mln
Q2 Adjusted EBITDA Margin
11.30%
Q2 Capex
$58.8 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and 2 "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 $16.50, about 42% above its May 4 closing price of $11.62

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

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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.)