Limbach Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Limbach Holdings

06/11/2024 04:40

* Limbach Holdings Inc  LMB.OQ  reported quarterly adjusted
earnings of 62 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 61 cents.  The mean expectation of two analysts
for the quarter was for earnings of 53 cents per share. Wall
Street expected results to range from 49 cents to 57 cents per
share.
    * Revenue rose 4.8% to $133.92 million from a year ago;
analysts
expected $129.50 million. 
    * Limbach Holdings Inc's reported EPS for the quarter was 62
cents​.
    * The company reported quarterly net income of $7.48
million.
    * Limbach Holdings Inc shares had fallen by 2.9% this
quarter and
gained 61.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.9%
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 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for Limbach Holdings
Inc is $80.00 
This summary was machine generated from LSEG data November 6 at
04:39 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      0.53           0.62           Beat
 Jun. 30 2024      0.37           0.50           Beat
 Mar. 31 2024      0.34           0.64           Beat
 Dec. 31 2023      0.40           0.44           Beat