Concrete Pumping Holdings falls on profit miss, lower-than-expected outlook

Concrete Pumping Holdings

16/09/2019 22:06

** Concrete pumping services provider's shares  BBCP.O  down
10.1% at $3.91 after market, in low volumes
    ** Company posts lower-than-expected Q3 profit and revenue,
hurt in part by weakness at its U.K. concrete pumping business
    ** Expects 2019 revenue of $284 mln, below analysts'
estimate of $292.54 mln, according to Refinitiv IB/E/S estimates
    ** Up to Monday's close, stock down ~47% this year

 (Reporting by Bharath Manjesh in Bengaluru)
 ((Bharath.ManjeshR@thomsonreuters.com;  outside U.S. +91 80
6749 8400;))