NV5 Global Inc reports results for the quarter ended in September 30 - Earnings Summary

NV5 Global

08/11/2024 05:13

* NV5 Global Inc  NVEE.OQ  reported quarterly adjusted
earnings of
44 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 38 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 41 cents per share. Wall Street
expected results to range from 26 cents to 53 cents per share.
    * Revenue rose 4.8% to $250.89 million from a year ago;
analysts
expected $252.11 million. 
    * NV5 Global Inc's reported EPS for the quarter was 27
cents​.
    * The company reported quarterly net income of $17.08
million.
    * NV5 Global Inc shares had risen by 8.8% this quarter and
lost 8.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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
30.00 
This summary was machine generated from LSEG data November 8 at
05:13 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      0.41           0.44           Beat
 Jun. 30 2024      0.30           0.31           Beat
 Mar. 31 2024      0.19           0.17           Missed
 Dec. 31 2023      0.30           0.29           Missed