Concrete Pumping Holdings Inc reports results for the quarter ended in July 31 - Earnings Summary

Concrete Pumping Holdings

04/09/2024 22:02

* Concrete Pumping Holdings Inc  BBCP.OQ  reported quarterly
adjusted earnings of 13 cents​​ per share for the quarter ended
July 31, lower than the same quarter last year, when the company
reported EPS of 18 cents.  The mean expectation of four analysts
for the quarter was for earnings of 19 cents per share. Wall
Street expected results to range from 17 cents to 22 cents per
share.
    * Revenue fell 9.2% to $109.62 million from a year ago;
analysts
expected $125.47 million. 
    * Concrete Pumping Holdings Inc's reported EPS for the
quarter was
13 cents​.
    * The company reported quarterly net income of $7.12
million.
    * Concrete Pumping Holdings Inc shares had risen by 2.3%
this
quarter and lost 25.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is  "hold."

Wall Street's median 12-month price target for Concrete Pumping
Holdings Inc is $9.00 
This summary was machine generated from LSEG data September 4 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
 Jul. 31 2024      0.19           0.13           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