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LMB Limbach Holdings News Story

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

* Limbach Holdings Inc  LMB.OQ  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 19 cents per share.
    * Revenue fell 5.3% to $122.36 million from a year ago;
analysts
expected $129.99 million. 
    * Limbach Holdings Inc's reported EPS for the quarter was 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.6%
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 risen by 5.0% this
quarter and
lost 11.3% so far this year.
    * The company reported quarterly net income of $3.64
million.
    * Wall Street's median 12-month price target for Limbach
Holdings
Inc is $15.00 
    * 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 Refinitiv data November
9 at 10:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.19           0.34           Beat
 Jun. 30 2022      0.09           0.08           Missed
 Mar. 31 2022      -0.03          0.01           Beat
 Dec. 31 2021      0.40           0.48           Beat

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