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

Concrete Pumping Holdings

11/01/2024 22:01

* Concrete Pumping Holdings Inc  BBCP.OQ  reported quarterly
adjusted earnings of 16 cents​​ per share for the quarter ended
in October, higher than the same quarter last year, when the
company reported EPS of 14 cents.  The mean expectation of
five analysts for the quarter was for earnings of 18 cents per
share. Wall Street expected results to range from 16 cents to 21
cents per share.
    * Revenue rose 4.6% to $120.20 million from a year ago;
analysts
expected $119.69 million. 
    * Concrete Pumping Holdings Inc's reported EPS for the
quarter was
16 cents​.
    * The company reported quarterly net income of $8.95
million.
    * Concrete Pumping Holdings Inc shares had fallen by 3.3%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 January 11 at
10:01 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
 Oct. 31 2023      0.18           0.16           Missed
 Jul. 31 2023      0.16           0.18           Beat
 Apr. 30 2023      0.10           0.09           Missed
 Jan. 31 2023      0.05           0.11           Beat