Concrete Pumping Holdings Inc reports results for the quarter ended in April - Earnings Summary

Concrete Pumping Holdings

06/06/2024 22:01

* Concrete Pumping Holdings Inc  BBCP.OQ  reported quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in April, lower than the same quarter last year, when the
company reported EPS of 9 cents.  The mean expectation of
five analysts for the quarter was for earnings of 10 cents per
share. Wall Street expected results to range from 6 cents to 14
cents per share.
    * Revenue fell 0.7% to $107.06 million from a year ago;
analysts
expected $112.54 million. 
    * Concrete Pumping Holdings Inc's reported EPS for the
quarter was
5 cents​.
    * The company reported quarterly net income of $2.62
million.
    * Concrete Pumping Holdings Inc shares had fallen by 5.3%
this
quarter and lost 8.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 Concrete Pumping
Holdings Inc is $10.00 
This summary was machine generated from LSEG data June 6 at
09:01 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2024      0.10           0.05           Missed
 Jan. 31 2024      0.05           -0.08          Missed
 Oct. 31 2023      0.18           0.16           Missed
 Jul. 31 2023      0.16           0.18           Beat