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

Limbach Holdings

08/05/2023 23:06

* Limbach Holdings Inc  LMB.OQ  reported quarterly adjusted
earnings of 27 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue rose 5.4% to $121.01 million from a year ago;
analysts
expected $115.32 million. 
    * The mean earnings estimate of analysts had risen by
about 150%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Limbach Holdings Inc shares had fallen by 1.5% this
quarter and
gained 63.7% so far this year.
    * Wall Street's median 12-month price target for Limbach
Holdings
Inc is $18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
8 at 10:06 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.05           0.27           Beat
 Dec. 31 2022      0.32           0.35           Beat
 Sep. 30 2022      0.19           0.34           Beat
 Jun. 30 2022      0.09           0.08           Missed