NV5 Global Inc reports results for the quarter ended in June - Earnings Summary

NV5 Global

07/08/2024 22:02

* NV5 Global Inc  NVEE.OQ  reported quarterly adjusted
earnings of
$1.24​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of $1.29. 
The mean expectation of nine analysts for the quarter was
for earnings of $1.21 per share. Wall Street expected results to
range from $1.03  to $1.37 per share.
    * Revenue rose 6.1% to $236.33 million from a year ago;
analysts
expected $235.57 million. 
    * NV5 Global Inc's reported EPS for the quarter was 50
cents​.
    * The company reported quarterly net income of $7.91
million.
    * NV5 Global Inc shares had risen by 3.1% this quarter and
lost 13.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 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 7 "strong buy" or "buy," 2
"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 NV5 Global Inc is
$124.00 
This summary was machine generated from LSEG data August 7 at
09:01 p.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
 Jun. 30 2024      1.21           1.24           Beat
 Mar. 31 2024      0.77           0.66           Missed
 Dec. 31 2023      1.20           1.14           Missed
 Sep. 30 2023      1.43           1.51           Beat