Custom Truck One Source Inc reports results for the quarter ended in December - Earnings Summary

Custom Truck One Source

08/03/2024 24:22

* Custom Truck One Source Inc  CTOS.N  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 13 cents.  The mean expectation of
five analysts for the quarter was for earnings of 11 cents per
share. Wall Street expected results to range from 9 cents to 13
cents per share.
    * Revenue rose 7.2% to $521.75 million from a year ago;
analysts
expected $468.74 million. 
    * Custom Truck One Source Inc's reported EPS for the quarter
was 7
cents​.
    * The company reported quarterly net income of $16.12
million.
    * Custom Truck One Source Inc shares had fallen by 1.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.9%
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 auto
vehicles,
parts & service retailers peer group is also "buy"

Wall Street's median 12-month price target for Custom Truck One
Source Inc is $9.00 
This summary was machine generated from LSEG data March 8 at
12:22 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
 Dec. 31 2023      0.11           0.07           Missed
 Sep. 30 2023      0.05           0.04           Missed
 Jun. 30 2023      0.02           0.05           Beat
 Mar. 31 2023      0.03           0.06           Beat