Custom Truck One Source Inc reports results for the quarter ended in September 30 - Earnings Summary

Custom Truck One Source

31/10/2024 03:04

* Custom Truck One Source Inc  CTOS.N  reported a quarterly
adjusted loss of 7 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 4 cents.  The mean expectation of
six analysts for the quarter was for a loss of 3 cents per
share. Wall Street expected results to range from -4 cents to -1
cents per share.
    * Revenue rose 3% to $447.22 million from a year ago;
analysts
expected $448.36 million. 
    * Custom Truck One Source Inc's reported EPS for the quarter
was a
loss of 7 cents​.
    * The company reported a quarterly loss of $17.42 million.
    * Custom Truck One Source Inc shares had risen by 5.2% this
quarter and lost 41.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 342.8% 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," 2
"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 6.00 
This summary was machine generated from LSEG data October 31 at
03:04 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
 Sep. 30 2024      -0.03          -0.07          Missed
 Jun. 30 2024      -0.01          -0.10          Missed
 Mar. 31 2024      -0.01          -0.06          Missed
 Dec. 31 2023      0.11           0.07           Missed