Limbach Holdings Inc reports results for the quarter ended in June - Earnings Summary

Limbach Holdings

09/08/2023 23:35

* Limbach Holdings Inc  LMB.OQ  reported quarterly adjusted
earnings of 46 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 7.5% to $124.88 million from a year ago;
analysts
expected $119.50 million. 
    * Limbach Holdings Inc's reported EPS for the quarter was 46
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Limbach Holdings Inc shares had risen by 11.0% this
quarter and
gained 163.7% so far this year.
    * The company reported quarterly net income of $5.32
million.
    * Wall Street's median 12-month price target for Limbach
Holdings
Inc is $25.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:35 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.16           0.46           Beat
 Mar. 31 2023      0.05           0.27           Beat
 Dec. 31 2022      0.32           0.35           Beat
 Sep. 30 2022      0.19           0.34           Beat