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

Concrete Pumping Holdings

08/03/2024 24:22

* Concrete Pumping Holdings Inc  BBCP.OQ  reported a
quarterly
adjusted loss of 8 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of five analysts
for the quarter was for earnings of 5 cents per share. Wall
Street expected results to range from 2 cents to 9 cents per
share.
    * Revenue rose 4.4% to $97.71 million from a year ago;
analysts
expected $98.08 million. 
    * Concrete Pumping Holdings Inc's reported EPS for the
quarter was
a loss of 8 cents​.
    * The company reported a quarterly loss of $4.27 million.
    * Concrete Pumping Holdings Inc shares had fallen by 2.1%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 17%
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 March 8 at
12:21 a.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
 Jan. 31 2024      0.05           -0.08          Missed
 Oct. 31 2023      0.18           0.16           Missed
 Jul. 31 2023      0.16           0.18           Beat
 Apr. 30 2023      0.10           0.09           Missed