Energy Services Q1 revenue rises

Energy Services of America

09/02/2026 21:39

Overview

Contractor's fiscal Q1 revenue rose 13.4% yr/yr, driven by Gas & Water Distribution

Net income for fiscal Q1 increased significantly yr/yr

Adjusted EBITDA for fiscal Q1 improved yr/yr

Outlook

Energy Services sees favorable tailwinds across Gas & Water Distribution and Gas & Petroleum Transmission

Company remains optimistic about long-term business prospects despite seasonally slower winter months

Result Drivers

GAS & WATER DISTRIBUTION - Revenue increased 30% yr/yr due to ongoing replacement and upgrade cycles by municipalities and private utilities

BACKLOG INCREASE - Backlog rose by $42 mln sequentially, indicating strong future demand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$114.10 mln
$97.70 mln (1 Analyst)
Q1 EPS
$0.16
Q1 Net Income
$2.7 mln
Q1 Adjusted EBITDA
$8.3 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Energy Services Of America Corp is $21.00, about 122.9% above its February 6 closing price of $9.42

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nPn910593a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)